Place Your Bets! Bitcoin Core Lightning Network Fails to Complete Basic Transaction

Place Your Bets! Bitcoin Core Lightning Network Fails to Complete Basic TransactionWagers really don’t settle matters, but they are a lot of fun and force advocates to have some skin in the game. In the ongoing debate about scaling, network fees, congestion and mempools, the Lightning Network is Bitcoin Core’s answer. Some in the ecosystem have doubted its efficacy. A bet was placed. If a payment […]

The post Place Your Bets! Bitcoin Core Lightning Network Fails to Complete Basic Transaction appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Upgrade Time: Bitcoin Cash Plans a 32 MB Hard Fork

Upgrade Time: Bitcoin Cash Plans a 32 MB Hard ForkThis week the Bitcoin ABC developers officially announced the much anticipated Bitcoin Cash network hard fork on May 15. In addition to the statement from the development team, the codebase for the client Bitcoin ABC 0.17.0 has also been made available with the newly added consensus rules. Also read: New Karate Combat League Arena Features Bitcoin […]

The post Upgrade Time: Bitcoin Cash Plans a 32 MB Hard Fork appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Former Core Developer Mike Hearn Returns for Some Bitcoin Cash Q&A

Former Core Developer Mike Hearn Returns for Some Bitcoin Cash Q&AOn April 5 the former bitcoin core developer Mike Hearn came back to do an Ask-Me-Anything (AMA) on the Reddit forum /r/btc. It’s been a while since Hearn has chatted with the bitcoin community, and one could say he left the development scene a few years ago due to the vitriolic strife over the scaling […]

The post Former Core Developer Mike Hearn Returns for Some Bitcoin Cash Q&A appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Race Between Segwit and Bitcoin Cash Is Heating Up

The Race Between Segwit and Bitcoin Cash Is Heating UpThe introduction of Segwit and the launch of bitcoin cash (BCH) were two attempts at solving the bitcoin’s scaling problem. Both movements took a different approach, with Segwit seeking to reduce transaction size and BCH seeking to increase the block size. A new report compares the transaction volume on each chain, BTC (Segwit) and BCH, […]

The post The Race Between Segwit and Bitcoin Cash Is Heating Up appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Meet Bitcoin XT, the Precursor to Bitcoin Cash

Since its inception and launch last summer, Bitcoin Cash has maintained the attention of everyone in the cryptocurrency community. For better or worse, the Bitcoin hard fork has assumed a major role as the leading dissenter to the Bitcoin protocol. While most individuals currently involved in cryptocurrency have some knowledge of the sentiments and events associated with Bitcoin Cash (BCH), most are unaware of the historical antecedents of the August 1 hard fork. Prior to the Bitcoin Cash campaign, there was another potential fork of Bitcoin known as Bitcoin XT. Like BCH, Bitcoin XT sought to solve scalability issues through larger blocks and realize Satoshi’s vision

Go to Source

Powered by WPeMatico

The 2018 Satoshi’s Vision Conference Heads to Japan

The 2018 Satoshi's Vision Conference Heads to JapanAfter the successful ‘Satoshi’s Vision Conference’ held in San Francisco in 2016, and last year’s ‘The Future of Bitcoin’ event in Arnhem, the Bitcoin Unlimited team is hosting another conference this year in Tokyo, Japan. Satoshi’s Vision Conference Tokyo will be held on March 23-25 and aims to bring cryptocurrency luminaries, the brightest developers, business […]

The post The 2018 Satoshi’s Vision Conference Heads to Japan appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Cash Developers Propose Imminent Block Size Increase to 32MB

THeMerkle Bitcoin Cash 32MBScaling Bitcoin has been a topic of substantial debate for quite some time now. When Bitcoin Cash came around, it almost seemed as if these problems would be put to rest once and for all. With its on-chain scaling approach, BCH is the most functional version of Bitcoin right now. In fact, it seems we will see another major on-chain scaling upgrade for BCH in the very near future. If things go according to plan, 32-megabyte blocks will become the new normal very soon. Bitcoin Cash Continues to Evolve Even though the Bitcoin Cash network can comfortably support 8MB blocks

Go to Source

Powered by WPeMatico

Coingeek Funds Terabyte Block Initiative for Bitcoin Cash With 3.6M Euro

Coingeek Funds Terabyte Block Initiative for Bitcoin Cash With 3.6M EuroOn January 15 the cryptocurrency media outlet and blockchain company Coingeek owned and operated by the financial tycoon Calvin Ayre announced funding an initiative called the ‘Terab Project’ with 3.6 million euro. Coingeek alongside its partners Nchain and Lokad, plan to massively scale the bitcoin cash blockchain to terabyte (1 million MB) size blocks which could […]

The post Coingeek Funds Terabyte Block Initiative for Bitcoin Cash With 3.6M Euro appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Cash Miners Process Big Blocks Past 24h – Volume Approaches Litecoin

Bitcoin Cash Miners Process Big Blocks Past 24h - Volume Approaches LitecoinAbout 24-hours ago bitcoin cash (BCH) miners were processing a ton of large blocks between 2-8MB in size. Fees have remained considerably low, and the bitcoin cash daily transaction volume is nearing the same amount of transactions as the litecoin network. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin Cash Miners […]

The post Bitcoin Cash Miners Process Big Blocks Past 24h – Volume Approaches Litecoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

PR: Segwit2x to Be Reborn in Coming Weeks Ahead

Segwit2xInformation about the revival of the project has been updated on the site dedicated to Bitcoin Segwit2X!

The Segwit2X hard fork was planned to be carried out in mid-November. However, futures trading is still conducted at a number of crypto-exchange markets at a price near 0.01 BTC (HitBTC). In addition to implementing Segregated Witness, our team has already implemented:

The post PR: Segwit2x to Be Reborn in Coming Weeks Ahead appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico