Anatomy of the Bitcoin Scaling Debate, Part I: Bitcoin XT and Classic

[pbleak]

https://medium.com/@paulennis/an-anatomy-of-the-bitcoin-scaling-debate-part-i-bitcoin-xt-and-classic-45cf18a88de#.26yo3ftol

Tips, insights, etc., welcome.

[AgentofCoin]

...
Tips, insights, etc., welcome.

Enjoyed reading.
Interested to see how you explain the miners take in Part 2.

[BTC-Joe]

This is deep in the weeds for most people. Why not explain the benefits of a larger block size, for starters?

[pedrog]

This is deep in the weeds for most people. Why not explain the benefits of a larger block size, for starters?

More transactions per block.

[pbleak]

...
Tips, insights, etc., welcome.

Enjoyed reading.
Interested to see how you explain the miners take in Part 2.

Cheers, quite a complex lot (Chinese barrier). Should be up pretty soon.

[pbleak]

This is deep in the weeds for most people. Why not explain the benefits of a larger block size, for starters?

I have in mind the bitcoin community here who know who is who and whatnot. There is plenty out there on the merits or demerits of the changes. Plus I don't want to pick a side. I'm just trying to find out how all this went down.

[pbleak]

This is deep in the weeds for most people. Why not explain the benefits of a larger block size, for starters?

More transactions per block.

Indeed, I think people most know this so I didn't want to dwell on it.

[BTC-Joe]

Indeed, I think people most know this so I didn't want to dwell on it.

Yet it's the main "benefit" of bitcoin-xt. Is there a transaction bottleneck caused by block size on the bitcoin network?

[alyssa85]

That's a good write up. I'm not up to speed with how the take up of Classic is going. I did see a thread on reddit which said that some of the payment processors were thinking of setting up their own mining pool because they were were frustrated with the Chinese miners - would love it if you could write about that in your next article.

[pbleak]

That's a good write up. I'm not up to speed with how the take up of Classic is going. I did see a thread on reddit which said that some of the payment processors were thinking of setting up their own mining pool because they were were frustrated with the Chinese miners - would love it if you could write about that in your next article.

Cheers, can you remember anymore? Often the best details are hidden in places like reddit.