Tagblock size debate

The Block Size Debate From A Miner's Perspective

In a clearly stated analysis and opinion blog post about the costs and benefits of doing either a hard fork to a 2 MB block size limit versus going with the “Hong Kong Compromise" Segregated Witness (Segwit) upgrade, Sam Cole offers the perspective from that of a Bitcoin miner in what options lie ahead. From a pragmatic perspective, Cole gives a very clear explanation of how the Segwit solution...

Bitcoin Community On Brink Of Insanity

Bitcoin

In a recent essay, Bittorrent founder Bram Cohen lays out his interpretation of recent Bitcoin projects such as Bitcoin Classic. He labels the project purely marketing and hints what they are creating is a form of an alternative digital currency, also known as an alt-coin.   This, a controversial opinion in Bitcoin circles, has major implications about how the Bitcoin protocol evolves from here...

Bitcoin Splitsville: Hard Forks and Heart Breaks in Technology

The old adage "Be careful what you wish for" is apt. With Bitcoin, we have finally arrived. Blockchain technology is now front and center. Big finance, and by way of, big money is now involved. Pandora's Box is wide open and the new path forward wears a suit and carries a nice leather briefcase. Although this may not sit well with Tech Libertarians (or various degrees of this school of thought)...

Coinbase CEO Speaks out against Bitcoin Core Hard Fork, Trumpets Bitcoin Classic

Samurai Bitcoin

CEO and co-founder of bitcoin wallet and exchange service Coinbase, Brian Armstrong, has deemed the recent proposal to scaling Bitcoin as merely “words” and not action while trumpeting Bitcoin Classic as a better solution for bitcoin’s scaling debate. Brian Armstrong, co-founder and CEO of Coinbase has, in a blog post titled “The Bitcoin Roundtable Consensus Proposal – Too Little, Too Late”...

Is Bitcoin Classic And The Hard Fork Driving The Price of Bitcoin Higher?

Ethereum price balloon

Is the early stage of the hard fork potentially driving this price rally of Bitcoin? It’s definitely possible, but it could also be a variety of other factors as well. Over the past week the price per Bitcoin has shot up almost $40.00 USD and there has been some speculation about whether that spike has had anything to do with the news about the hard fork to Bitcoin Classic. There have been some...