Is Increasing the Bitcoin Block Size Really the Solution?

By June 24, 2015Bitcoin Business

The debate to increase the bitcoin block size from its current 1MB has been going on for quite some time now. Those who are calling for a larger limit say that the current size of the network can no longer handle the transactions efficiently with such a small block size. Some say that it should be increased to 20MB while others think that 8MB would suffice.

According to lead bitcoin developer Gavin Andresen, the best […]

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