Tag: Bitcoin Block Size

Bitcoin Core Developer Lays Out Scalability Roadmap Based on Segregated Witness (Segwit)

With the decline of Bitcoin Unlimited, the support rate for the Bitcoin Core development team’s Segregated Witness (Segwit) is rapidly increasing in terms of hashrate and node count. To a bitcoin user’s request to clarify the team’s roadmap of Bitcoin Scaling in an online community, Bitcoin Core developer Luke Jr laid out various plans for the community to be aware of. No Block Size is Needed as of Now and …
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Core Developer: Bitcoin is About Financial Sovereignty, Not Speed

Eric Lombrozo, a Bitcoin Core developer, believes that bitcoin is about financial independence and freedom, rather than providing a centralized settlement network which already serves as the backbone of today’s global financial ecosystem. Over the past two years, various bitcoin communities, analysts and experts have debated on the characterization of bitcoin; specifically whether bitcoin demonstrates the qualities of a settlement network or digital gold. Since the initial deployment of the …
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Bitcoin Block Size Debate – Segregated Witness Roadmap

The discussion regarding the Bitcoin block size might be coming to an end very soon. The proposal made by Gregory Maxwell earlier this month is getting a lot of support from Bitcoin contributors, and now that the roadmap has been released, things make a lot more sense. Some interesting features are on the roadmap, which will be beneficial to the Bitcoin ecosystem as a whole. Also read: Will Flywheel Be …
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