Bitcoin Core Loses Support Amidst Lingering Scalability Issues

Right now, there are different proposals on the table to solve the Bitcoin scalability issue. One thing everyone seems to agree on is how the block size will need to be increased. By how much that increase will happen, remains to be seen, though. Bitcoin Core, which is the main branch of development, is working on Segregated Witness who would warrant a 2 MB block size.

Based on block size voting results, only 27.94% of the community is for the Bitcoin Core solution. Do keep in mind nearly one in four did not vote yet, and their preferences could go either way. Even if we were to add up that 22.01 % of non-voting miners to the support Bitcoin Core has, they would fail to reach 50%.

Source: Bitcoin Core Loses Support Amidst Lingering Scalability Issues

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Author: Paul Sweeting

Paul Sweeting is the founder and principal of Concurrent Media Strategies, LLC and editor of RightsTech.com

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