Tag: bip 101

Theymos Threatens to Ban Coinbase From Reddit, BitcoinTalk and Bitcoin.org

It is no secret that the Bitcoin subReddit is not the most fun and loving place on the Internet by any means. Over the past year or so, various reports have surfaced regarding /r:/Bitcoin being mismanaged, and comments are being downvoted – or even removed – at every turn. Things have really gotten out of hand once the discussion about Bitcoin block sizes started. Those discussions are now spilling over, …
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Current state of the blocksize debate – BIP-100 vs BIP-101

Blockchain technology is a brand new technology whose first application is Bitcoin. Like all software, it is not perfect. Bitcoin has proven to be resilient in terms of security and as a store of value, but one major roadblock that we are running into is scalability. As you may know, Bitcoin currently has a 1MB block size limit. A block is found on average every 10 minutes meaning that as …
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