Tag: Block Size

Meet Bitcoin XT, the Precursor to Bitcoin Cash

Since its inception and launch last summer, Bitcoin Cash has maintained the attention of everyone in the cryptocurrency community. For better or worse, the Bitcoin hard fork has assumed a major role as the leading dissenter to the Bitcoin protocol. While most individuals currently involved in cryptocurrency have some knowledge of the sentiments and events associated with Bitcoin Cash (BCH), most are unaware of the historical antecedents of the August 1 hard fork. Prior to …
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Bitcoin Cash Developers Propose Imminent Block Size Increase to 32MB

Scaling Bitcoin has been a topic of substantial debate for quite some time now. When Bitcoin Cash came around, it almost seemed as if these problems would be put to rest once and for all. With its on-chain scaling approach, BCH is the most functional version of Bitcoin right now. In fact, it seems we will see another major on-chain scaling upgrade for BCH in the very near future. If …
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What is Bitcoin ABC?

Scaling Bitcoin will happen sooner or later. The only question right now is how different teams of developers plan to accomplish this. There are different camps trying to make this happen, either through a soft or a hard fork. One of the latest proposals trying to push for a Bitcoin hard fork goes by the name of Bitcoin ABC. It is an interesting proposal, which suggests an adjustable blocksize cap. Bitcoin ABC …
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Bitcoin’s Price Recovers Post $500 Crash, Block Size Debate Heats Up

Two days ago on June 12th, Bitcoin’s price crashed $500 from a high of $2980 to a low of $2480 on Bitstamp. Since then, the price climbed over 10% and is trading at $2754 at the time of writing. This article will go over potential factors that might have caused the crash, and try to explain Bitcoin’s recent recovery. As discussed in our previous article regarding the crash, OkCoin’s liquidation …
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