Blockstream Won, Says Bitcoin Miner in Blocksize Debate

Disclaimer: The views expressed in the article are solely that of the author and do not represent those of, nor should they be attributed to CCN. A mood of resignation prevails across the bitcoin space as a viciously years-long debate that has taken the reputation of so many and the time and focus of all, […]

The post Blockstream Won, Says Bitcoin Miner in Blocksize Debate appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Miners and Industry Meet in Beijing

With April coming to a close and the halving in three months, bitcoin’s scalability is reaching decision time. Following a year of heated debate, wide consensus has been achieved on a maxblocksize increase, segwit deployment and support for the Lightning Network. The only outstanding issue is one of timing. Can segwit be ready before the […]

The post Bitcoin Miners and Industry Meet in Beijing appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Miners and Industry Meet in Beijing

With April coming to a close and the halving in three months, bitcoin’s scalability is reaching decision time. Following a year of heated debate, wide consensus has been achieved on a maxblocksize increase, segwit deployment and support for the Lightning Network. The only outstanding issue is one of timing. Can segwit be ready before the […]

The post Bitcoin Miners and Industry Meet in Beijing appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Cornell Study Recommends 4MB Blocksize for Bitcoin

A new study by the Initiative for CryptoCurrencies and Contracts (IC3) at the Jacobs Technion-Cornell Institute authored by Christian Decker, Ittay Eyal, Andrew Miller and Emin Gün Sirer, among others, found that bitcoin’s blocksize could currently scale up to 4MB without affecting decentralization. According to the recently released position paper, On Scaling Decentralized Blockchains, 4,000 […]

The post Cornell Study Recommends 4MB Blocksize for Bitcoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News.