WTF is blocksize problem, Bitcoin XT, etc... ?

[asad777]

I see lots of people talking about these things
what is it, and what is better ?

there is also something like Bob(Number like 100) what the hell is that ?

[VirosaGITS]

I see lots of people talking about these things
what is it, and what is better ?

there is also something like Bob(Number like 100) what the hell is that ?

BIP* Bitcoin Improvement Proposal;
https://en.bitcoin.it/wiki/Bitcoin_Improvement_Proposals

XT is dead, forget about it. The block size limit how many transaction per second the network can handle. Some people have been pushing to fork BTC to their own altcoin so they become the core dev or some such Drama.

Just wait, when we can't handle all the TX being push into the network, people will actually start voting for the block size increase.

For *you* this means absolutely nothing. You may notice a rise in TX fee when we are near the limit. Thats about it.

[Mickeyb]

I see lots of people talking about these things
what is it, and what is better ?

there is also something like Bob(Number like 100) what the hell is that ?

I guess you haven't been on the forum for the last three months if you never heard about all these terms. It might be better for you though, you have saved yourself a lot of nerves.

Just go through the threads about it in Bitcoin discussion sub thread. And get ready to read, there are many many pages of discussion and drama to read.

[LiteCoinGuy]

Bitcoin Developers Pen Open Letter on Network Scalability

http://www.coindesk.com/bitcoin-developers-pen-open-letter-on-network-scalability/


XT is not dead and good to have it ...just in case 

[VirosaGITS]

Bitcoin Developers Pen Open Letter on Network Scalability

http://www.coindesk.com/bitcoin-developers-pen-open-letter-on-network-scalability/


XT is not dead and good to have it ...just in case 

Well, i wouldn't call it alive. And if its not alive, its um. Dead or... stillborn? I don't know, i'll let you pick
I don't think the concept of XT's solution is bad, after they removed some of their unnecessary extra code. But i think there is a better way to go about solving the transaction limit.

[LiteCoinGuy]

Bitcoin Developers Pen Open Letter on Network Scalability

http://www.coindesk.com/bitcoin-developers-pen-open-letter-on-network-scalability/


XT is not dead and good to have it ...just in case 

Well, i wouldn't call it alive. And if its not alive, its um. Dead or... stillborn? I don't know, i'll let you pick
I don't think the concept of XT's solution is bad, after they removed some of their unnecessary extra code. But i think there is a better way to go about solving the transaction limit.

it is a baby 

[VirosaGITS]

Bitcoin Developers Pen Open Letter on Network Scalability

http://www.coindesk.com/bitcoin-developers-pen-open-letter-on-network-scalability/


XT is not dead and good to have it ...just in case 

Well, i wouldn't call it alive. And if its not alive, its um. Dead or... stillborn? I don't know, i'll let you pick
I don't think the concept of XT's solution is bad, after they removed some of their unnecessary extra code. But i think there is a better way to go about solving the transaction limit.

it is a baby 

I understand what you mean, but its also not growing, in fact its the opposite right now. There was way too much drama about XT, many people that are looked up to in the community said XT was a sham, there was a ton of people argumenting while now its pretty dead.

Doesn't feel to me like XT has a chance to have the community to leave Bitcoin Core.