The current Bitcoin blockchain block size debate has been very contentious. When Gavin Andresen and Mike Hearn released BIP101/XT last week, they emphasized the need for an increase to the Bitcoin block size to address concerns of transaction scaling as adoption increases. Instead, it has touched off a war in the Bitcoin community, dev teams, miners and mining pools. The latest news on the ... The debate over Bitcoin scaling, also known as the block size debate, the XT debate and a variety of other names, continues. It has broken off into several different proposals and factions and have spawned other debates over censorship in the community and governance of the technology. The XT, Classic and Unlimited implementations of bitcoin would emerge to facilitate fast, cheap BTC payments, but they were met with fear campaigns and endless rounds of debate from technocrats like Gregory Maxwell and Peter Todd. However, today’s hardline small-blockers seemed quite reasonable just a few years ago. New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets. Nathan DiCamillo Sep 18, 2020. Podcasts ‘I Didn’t Buy It to Sell It. Ever.’ MicroStrategy’s Michael ... Over the weekend two bitcoin core developers released Bitcoin XT, a way to 'opt out' of bitcoin's current 1MB block size limit. This is the first attempt to resolve the ongoing debate over how to ... The Bitcoin XT update puts into effect BIP 101, which would raise the block size to 8 MB on January 11, 2016. The block size would continue to double every two years until finally hitting a cap at 8,912 MB (almost 9 GB!).This was considered a significant enough increase to help alleviate scaling issues for now, while minimizing any possible disadvantages that come from it. Search Bitcoin XT on Amazon.. Bitcoin XT was a fork of Bitcoin Core, the reference client for the bitcoin network. In mid-2015, the concept achieved significant attention within the bitcoin community amid a contentious debate among core developers over increasing the block size cap. The current reference implementation for bitcoin contains a computational bottleneck.
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