Tag: bitcoin development

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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Community Criticizes Bitcoin Unlimited’s Inability to Prevent Severe Bug Exploitation

It is becoming more evident that the likelihood of Bitcoin Unlimited being executed as a hard fork solution is substantially low. One major factor which ultimately drove the community and miners away from Bitcoin Unlimited is its development team’s inability to prevent severe bugs and internal technical issues from being exploited. In a span of two weeks, Bitcoin Unlimited suffered from two major bug exploitations. The first bug which happened on …
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The State of Decentralization In The Bitcoin Space

When it comes to Bitcoin development itself, there are some people who strongly feel a few people are controlling the future of this popular digital currency. There are quite a  few different Bitcoin Core contributors, but the overall decision-making seems to revolve around ideas by the same few individuals. Ever since Bitcoin XT started rearing its head, the community has been divided into a few camps. Also read: Credit Card …
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1 BTC = $ 1000000000000000000

According to this math in 230 years Bitcoin will be worth 1 trillion $. Given that Bitcoin will keep following this logarithmic function make sure you put aside 0.01 BTC in paper wallets and save it somewhere. This is what heltok from reddit said: If we assume that bitcoin’s value will be the same, no growth in the US economy and US money supply keeps expanding at present rate, then 1BTC will …
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