Core Developer Jeff Garzik Proposes 2MB Block Size Limit to Buy Time

By July 18, 2015Bitcoin Business

Bitcoin Core developer Jeff Garzik has submitted a proposal to raise the block size limit from 1MB to 2MB. The proposal is intended to buy more time to reach a consensus on a more durable solution before the maximum amount of transactions on the Bitcoin network is reached.

As the debate on a possible raise of the block size limit has been raging for months – years even – without consensus on a durable solution […]

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