Bitcoin Debate May Finance Solutions – Bitcoints

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Published on September 13th, 2015 | by bitcoin

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Bitcoin Debate May Finance Solutions

Bitcoin Debate May Finance SolutionsRegulation and the many possible forms it may take in different jurisdictions has been hotly debated, and the ongoing block size argument has been heating up lately.
It is widely accepted that in order for the Bitcoin network to scale up, such that more widespread global use is possible, an increase in the maximum block size will be required.
BitcoinXT is an alternative implementation of the Bitcoin software, which uses the solutions suggested in Bitcoin Improvement Proposal 101 in an attempt to solve the block size debate.
BIP 101 put forward a new block size limit of 8MB, which would double every two years.
The final outcome of the block size debate is surely just around the corner, however the end result is unknown as of yet.

Source: News.google.com

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