Bitcoin division looming over the digital currency- Business Insider

For the past several months, developers and bitcoin users have debated the merits of increasing the “block size.”
Bitcoin users will now be forced to decide between “Bitcoin Core” and Bitcoin XT, raising the prospect of a “fork,” where the digital currency divides into two competing versions.
He told Business Insider that BTCChina and the broader Chinese mining community “has decided not to adopt Bitcoin XT.
The foundation of bitcoin is consensus and what we need is for core devs to reach consensus on changes to bitcoin core.
SEE ALSO: The 21 companies that control bitcoin

NOW WATCH: We did the math: Is an MBA worth it?

Tags: BTCChina, Gavin Andresen, Mike Hearn, Reuters, Satoshi Nakamoto

Related Posts

3 Explanations Why Bitcoin is Programmed to Pump →

Ibm backs new us dollar pegged stablecoin which runs on stellar network →

Bitcoin soars as BlackRock seeks crypto and blockchain →

BlackRock begins looking into crypto and blockchain as Bitcoin jumps →