Tag: bitcoin scaling

SegWit2x Keeps Losing Support From Prominent Backers

It seems things are going from bad to worse for the SegWit2x developers and their supporters. More specifically, we have seen more and more service providers pull their support as of late. Even though Jeff Garzik is confident this hard fork will be successful, the odds are stacking against SegWit2x right now. With OpenBazaar and Vinny Lingham’s Civic having pulled out, things suddenly look a lot less certain for supporters of …
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What Is the Revive Scaling Solution?

The topic of scaling Bitcoin has been kicked around several dozen times over the past couple years. While the network has finally received its Segregated Witness update, some developers are already looking toward the future. The Revive scaling proposal can be considered the most radical scaling plan for Bitcoin to date. The concept was conceived by researchers at ETH Zurich and was designed to make off-chain solutions more scalable. Revive is More Advanced Than …
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How Bitcoin Scaling Conflict Can be Resolved Between Developers and Miners

As the bitcoin industry and market continue to expand at an exponential rate, the community is expecting the activation of a viable scaling solution to address this growth. The Bitcoin Core development team’s transaction malleability fix, Segregated Witness (Segwit), has been the preferred method of scaling by the industry. Even the mining community seems to agree to a conditional activation of Segwit. One condition requested by the miners is the execution of …
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What is the Liquid Network?

It is evident the Bitcoin network still has quite a few technological marvels left to be explored. One of those marvels comes in the form of the Liquid network. This concept was unveiled during the Blockchain Association of Canada’s Government Forum this week. It is another measure to ensure Bitcoin can scale over time, but what does the Liquid network even entail exactly? A Closer Look at Scaling Bitcoin With …
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