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Bitcoin blocks are collections of records of transactions which take place in the Bitcoin network, which are added by miners to the end of the Blockchain about every ten minutes. Currently, the size of any particular block is limited to 1 megabyte, which means that if a miner submits a block of a larger size to the network, the latter will reject it. The limited block size restricts the number of transactions which can be recorded in every block. There are proposals in the Bitcoin community to increase the block size limit. There are strong arguments both for and against the increase, so it remains the topic of heated debate.
Bitcoin’s scaling crisis was one of several things Satoshi and earlier Bitcoiners never anticipated. Here’s how that 1 MB blocksize limit got put there.
A Bitcoin fork means a “likely” loss of value, an investment source has said, regardless whether it is hard or soft.
Lightning Network payment channels will likely only compete with traditional processors when worth over $150, Ryan X. Charles has calculated.
Detractors are coming out among members of Barry Silbert’s SegWit activation meeting, including Bitcoin.com’s Roger Ver.
Bitcoin scaling solution consensus has been reached among key industry players. SegWit and 2MB block size increase to be implemented.
Antpool, Bitcoin’s largest mining pool, has begun mining blocks supporting Bitcoin Unlimited, cementing deadlock in the scaling debate as transaction issues wor...
Bitcoin’s unprocessed transaction pool size spiked again last week, prompting fears the network is nearing operational capacity.
Bitcoin Unlimited blocks mined have reached a new high, passing SegWit and indicating that a hard fork may be just around the corner.
Roger Ver, the owner of Bitcoin.com, believes that there is good reason to think that 2017 will be the best year for Bitcoin.
What if you could add almost 2500 transactions a second to the Bitcoin protocol without the major network changes required by SegWit and Lightning?
Bitcoin’s scaling issues have long caused a deep divide within the community as well as transaction delays. Unfortunately, there is a human cost to these delays...
Chandler Guo, a known Bitcoin and Ethereum startups investor, compares Bitcoin with Trump, Ether with Hillary and suggests block size could be raised to avoid a...
4 days in, 13.7% of Bitcoin nodes has already upgraded to Bitcoin Core 0.13.1, supporting the activation of SegWit.
Segregated Witness (or SegWit) was added to Bitcoin Core. Will it be the first step towards a mainstream-ready global decentralized digital currency?
My Bitcoin wallet has recently taken longer and longer to receive a Bitcoin payment. This wasn’t happening 2-3 months ago.
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