BitTorrent Creator Criticizes Increased Block Size Proposals

By June 23, 2015Bitcoin Business

In May, Bitcoin Magazine reported that lead Bitcoin developer Gavin Andresen is persuaded that the best solution to the limited Bitcoin transactions rate – the Bitcoin network can currently process only a few transactions per second — is to increase the maximum block size.

Andresen argued that if the proposed solution is not urgently implemented the Bitcoin network will become oversaturated, and developed code for a proposed Bitcoin hard fork that would allow any block […]

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