On Bitcoin Reaching Block Size Limits

As Bitcoin grows, its blocks are starting to fill up, and thus discussion has been ongoing on how to best handle this. The block size limit is current 1mb per block, 4mb, 8mb and 20mb limits per block are being proposed- I briefly share my ideas on the topic.

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Block size limit, blockchain, Cryptocurrency

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From: Tommy World Power

Related topics : current bitcoin block size / bitcoin blockchain size limit

Andrew Stone Bitcoin Unlimited Developer speaks at Boise Bitcoin Meetup July 20th 2016

Idaho Bitcoin Group hosts Boise Bitcoin Meetup July 20th 2016.

MC ronnieB speaks with special guest:

Andrew Stone

Bitcoin Unlimited Developer

Great talk about Bitcoin Scalability and Block Size and all the solutions wrapped up in Bitcoin Unlimited. Talk includes current transactional limitations and where we need to go,, Xthin Blocks and the 24X increase in transactions that can fit into current 1 MB blocks, Chinese Mining and Bandwidth, etc.

For more information about Bitcoin Unlimited...

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From: IdahoBitcoinGroup

Related topics : current bitcoin block size / bitcoin transactions per block

KCN Bitcoin pass to the Schnorr signature

Info partners: bitcoingarden.tk, coinidol.com

The developers of Bitcoin Core published a new road map. The project implies the introduction the signature of Schnorr, instead of the current ECDSA. Developers claim that each signature, with the exception of one percent transactions, will be compressed to one byte, and the analysis will reduce the amount of data by at least 25%. The current size of the bitcoin’s block is about 110 GB. As the same time, the complexity of implementing the project...

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From: KCN News

Related topics : current bitcoin block size / bitcoin signature size

Bitcore (BTX) Price Alert, Chart & News on BitScreener.com

More detail: https://bitscreener.com/coins/bitcore

Bitcore (BTX) is a new cryptocurrency, created in April 2017 by the talented developers of Bitsend (BSD). It is a virtual fork: We created a new chain so our blockchain stays super-tiny with currently less than 400 MB in size, but we also copied over 5 million balances from the Bitcoin chain to the Bitcore chain, giving 0.5 BTX : 1.0 BTC. It combines the latest Bitcoin crypto technology, including SegWit, Core 0.14 and Bloom, together with a 10...

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From: BitScreener

Related topics : bitcoin blockchain size current / 1 bitcoin cash to btc

Bitcoin, The Blockchain and Unconfirmed Transactions

At press time, the Bitcoin network is currently facing a backlog of over 135,000 unconfirmed transactions and fees have soared. This comes days after the proponents of the SegWit2x scaling solution announced they wouldn’t move forward with a doubling of Bitcoin’s block size due to lack of consensus. But what is Bitcoin Cash?

What is a HYIP?

What is Blockchain Technology?

Is This An Attack On The Dollar?

Is This War on The Dollar?

Is This World War 3 on the Internet.

JOIN MY BLOCKCHAIN...

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From: Stanley Walker

Related topics : current bitcoin transaction fee / bitcoin transactions time

Trace Mayer: "Bitcoin Core has No Real Competition"

Trace Mayer explains why Bitcoin core has no real competition when it comes to developer experience and credibility. He goes on to illuminate major players in the block size debate and explore Bitcoin's governance autonomy.

Trace Mayer is an early adopter an Angel Investor known for funding the development of the Armory an open source Bitcoin wallet known as one of the most secure in the market. He is also a lead investor in Kraken a major Bitcoin exchange and Bitpay a world renown Bitcoin...

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From: Juan Galt Crypto TV

Related topics : open source bitcoin payment processor / current bitcoin block size

What You Should Know About the Coming Bitcoin Halving

Bitcoin's protocol schedules a block reward 'halving' roughly every four years, as designed by Satoshi Nakamoto. But the artificial block size cap currently sanctioned by Core developers and a majority of miners alike may actually cause a catastrophic result come July 2016. Here's how.

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From: Amanda B. Johnson

Related topics : current bitcoin block reward

Bitcoin’s Price Flirts With $800 As Bulls Remain In Control

Bitcoin continues to slowly push to the upside reaching new yearly highs once again over the weekend, defying the logic of many traders. The bears simply cannot get their claws into the market for the time being, despite severely overbought technicals in what is still a heavy resistance zone.

Bitcoin remains embroiled in political infighting over block size, as has become the norm for Bitcoin over the past few years, and the current state of the shorter term technicals do not instill all that...

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From: Defango

Related topics : current bitcoin block size