Split of Bitcoin Blockchain – Bitcoints

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Published on August 18th, 2015 | by bitcoin

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Split of Bitcoin Blockchain

Split of Bitcoin BlockchainFor 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.
A mining pool is a group of users who pool their resources to improve their chances of successfully “mining” bitcoin — authenticating transactions on the network in return for a bitcoin reward.
The foundation of bitcoin is consensus and what we need is for core devs to reach consensus on changes to bitcoin core.
The return of Satoshi Nakamoto (or not)
During this weekend’s discussion on the bitcoin developer mailing list, a user purporting to be Satoshi Nakamoto — the mysterious creator of bitcoin — chimed in on the subject, condemning the XT project.

Source: Www.businessinsider.com

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