Tuesday, June 23, 2015

Please Raise the Block Size: Bitcoin Mining Community Poll

The biggest topic in Bitcoin over the last month has been what to do with the size of blocks within the block chain. Mike Hearn and Gavin Andresen have been vocal and influential proponents of a size from 1 MB o 20 MB blocks to ease the growth of Bitcoin as a global currency. At this current 1 MB rate, they say the network will enter a logjam situation within the next year, and this is the preventative maintenance needed that would help the situation both in the short-term and the long-term. I spoke to Marco Streng, CEO of Genesis […]

The post Please Raise the Block Size: Bitcoin Mining Community Poll appeared first on CCN: Financial Bitcoin News.

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