Tag: Bitcoin Unlimited

What to do if Bitcoin Unlimited Causes a Hard Fork?

The scaling bitcoin debate has brought us to an interesting yet potentially controversial situation. With Bitcoin Unlimited supporters going to extreme measures to make the world believe their solution has more support, a fork of the bitcoin protocol becomes a realistic outcome. If that were to happen, the consequences could prove to be quite dire for all bitcoin users around the world. Luckily, there are some ways users can mitigate …
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What is Bitcoin Unlimited?

Development of bitcoin requires multiple ideas to ensure the future and stability of this popular cryptocurrency can be guaranteed. With the block size scaling issue still a problem, several developers came up with a possible solution. Bitcoin Unlimited, as this idea is called, is trying to tackle the problem slightly differently compared to Bitcoin Core. Explaining Bitcoin Unlimited In A Nutshell There are quite a lot of similarities between Bitcoin …
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Bitcoin Unlimited Client Bug Causes 13.2 BTC in Mining Pool Losses

It appears something unusual has happened in the world of Bitcoin and cryptocurrency. Bitcoin Unlimited, an alternative branch of development, tried to disrupt the network through an unintentional hard fork. Thankfully, the “fork” failed and the BU node count dropped by a few dozen. It appears a bug in the client code is to blame for this incident, and the developers made quick work of deploying a fix. Bitcoin Unlimited …
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Bitmain CEO Jihan Wu Will Firmly Support Funding of Bitcoin Unlimited

ViaBTC, the mining pool firmly supporting Bitcoin Unlimited, posted a rather intriguing Tweet earlier today. As it turns out, the CEO of Bitmain, named Jihan Wu, reaffirmed the support for Unlimited. But that is not the shocking part, as he will also help fund the project development and application of Unlimited. All of this will be confirmed during HaoBTC’s anniversary party later today. Jihan Wu Goes All-in On Bitcoin Unlimited …
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