BIP101 News

The block size debate is among the most contentious discourse in Bitcoin, having spawned numerous community rifts and contested proposals.

The Bitcoin debate of the year has been about how the blockchain block size matters. Whether to increase block size, how to do it, and when to do it, everyone seems to have an opinion.

The Bitcoin story of the summer has been about the future direction of Bitcoin in relation to block size and a potential Bitcoin fork.

The Bitcoin XT project, championed by Gavin Andresen and Mike Hearn, has been the talk of the Bitcoin community all summer long.

The battle rages on within the Bitcoin community on how to move forward with potential hard fork changes designed to accommodate larger block sizes.

BitPay, Blockchain.info, Circle, KnCMiner, Bitnet, Xapo, BitGo and itBit have agreed to implement Gavin Andresen’s BIP 101; F2Pool instead backs BIP100; the bitcoin exchange rate fell below US$200 and more top stories for August 25.

The biggest European company working with bitcoins - a payment collectors, exchange service and wallet provider – has reported that one of the attacks on its website was the result of the theft of bitcoin worth about a million dollars.

For ones who still do not know – BIPS is the company from Denmark. It provides many different solutions considering the use of Bitcoins.