Bitcoin Forum

Bitcoin => Press => Topic started by: secone on September 26, 2016, 01:26:13 AM



Title: [2016-09-26] A Controversial Bitcoin Alternative is Seeking a Comeback
Post by: secone on September 26, 2016, 01:26:13 AM
A controversial bitcoin alternative may be making a comeback.

With such a large community, bitcoin has perhaps inevitably seen disagreement about its future development. Having launched earlier this year, Bitcoin Unlimited grew out of an active movement to quickly pick up bitcoin's userbase by increasing the block size, or a hardcoded limit on the number of transactions that the network can process per block. This is a contentious change that many Bitcoin Core developers don't support.

But while its developers were quiet for a while, the alternative bitcoin implementation has seen a resurgence since receiving a nearly half a million dollar donation from an anonymous source.

The latest news is that Bitcoin investor Roger Ver’s mining pool mined its first Bitcoin Unlimited block on Wednesday. And Saturday, the Unlimited community hosted a conference in San Francisco, called “Satoshi’s Vision: Bitcoin Development & Scaling Conference.”

http://www.coindesk.com/controversial-bitcoin-alternative-seeking-comeback/


Title: Re: [2016-09-26] A Controversial Bitcoin Alternative is Seeking a Comeback
Post by: TraderTimm on September 26, 2016, 05:22:24 PM
Making a comeback?

How about it never was a viable alternative in the first place?

Just another Roger Ver fluff piece promoting his personal alt-coin agenda. Pass.


Title: Re: [2016-09-26] A Controversial Bitcoin Alternative is Seeking a Comeback
Post by: ArticMine on September 26, 2016, 06:09:58 PM
This will not work in Bitcoin once the emission runs out. There are some very valid reasons behind the "small block" point of view in Bitcoin.


Title: Re: [2016-09-26] A Controversial Bitcoin Alternative is Seeking a Comeback
Post by: gentlemand on September 26, 2016, 11:00:24 PM
Half a million dollars no longer goes very far in BTCland. What are they going to spend it on? I assume a few hundred Amazon nodes that'll disappear all at once again.