THE BITCOIN SPLIT: SCIENTEST PURSUES ALTERNATIVES FOR THE CURRENCY – Bitcoints

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Published on August 17th, 2015 | by bitcoin

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THE BITCOIN SPLIT: SCIENTEST PURSUES ALTERNATIVES FOR THE CURRENCY

THE BITCOIN SPLIT: SCIENTEST PURSUES ALTERNATIVES FOR THE CURRENCYPhotograph: Michael Reynolds/EPA

Cryptocurrency bitcoin is facing civil war, with two high-profile developers announcing plans to split the code that underpins the network.
It is backed by Mike Hearn and Gavin Andresen, two of the most senior developers involved in the bitcoin project.
Both are involved in the Bitcoin Foundation, the non-profit group that oversees the currency’s development: Hearn is the former chair of the foundation’s law and policy committee, while Andresen is the chief scientist of the foundation.
Hearn, and the other supporters of XT, argue that that increase is necessary if the currency is to continue growing.
But even if the change goes through relatively quickly, some inattentive users could find themselves out of pocket.

Source: News.google.com

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