Bitcoin schism: How Bitcoin became a victim of its own success

By August 26, 2015Bitcoin Business

A proposal to alter Bitcoin’s underlying software through Bitcoin XT has divided the cryptocurrency community Bitcoin is in crisis; Bitcoin is thriving. More people than ever are using the cryptocurrency but as adoption grows the network that it relies upon is running out of spare capacity. Developers fear that within less than a year, the whole thing could grind to a halt. If nothing is done, bitcoin’s own success may end up breaking it.

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