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Bitcoin-XT News

Bitcoin-XT started as a sequence of patches on top of Bitcoin Core that were later turned into an independently maintained soft fork. In 2015, when Bitcoin transactions started to be too slow and expensive, Bitcoin-XT was proposed by Gavin Andersen and Mike Hearn as a platform for increasing the block size of Bitcoin form 1 megabyte to 8 megabytes. The Bitcoin-XT fork gathered some support in the Bitcoin community and attention from various blockchain-related media. Miners who support Bitcoin-XT should have began producing blocks with a new version number to indicate that they had sided with the new fork. If 75 percent of the last thousand blocks would be Bitcoin-XT blocks, those miners would have changed the blockchain from Bitcoin core to Bitcoin-XT. However, Bitcoin-XT only gathered 10 percent of miners to use its protocol, had no support from Chinese mining pools and lost almost all supporters by the end of 2016.
Mike Hearn says the new XT version will include a “bigger blocksize only” branch; Factom raises US$1.1 million in crowdsale; Australian Securities regulator blo...
JUL 23 DIGEST: New XT Version Will Include ‘Bigger Block Size Only’ Branch; Factom Raises $1.1 Million
Daniel O. Nyairo
2015-07-23T12:39:00+01:00
434
Bitcoin Core developer Jeff Garzik's proposed compromise to double the block size limit to 2MB as a temporary solution is still far from reaching consensus ...
Consensus Elusive for Jeff Garzik’s 2MB Block Size Limit Proposal
Aaron van Wirdum
2015-07-20T17:07:41+01:00
1013
Three of the biggest Western mining pools – representing a total of some 19% of hashing power on the Bitcoin network – stand divided on raising the block size l...
KnC Miner, Slush Pool & BitFury at Odds Over Block Size Increase
Aaron van Wirdum
2015-07-07T16:50:00+01:00
1073
Bitcoin Core developer Gavin Andresen today proposed a hard fork change for Bitcoin XT in order to allow for an increased block size limit on the Bitcoin networ...
Andresen Proposes Hard Fork Patch for Bitcoin XT; Critics Remain Skeptical
Aaron van Wirdum
2015-06-23T10:40:00+01:00
811
One of the agents with stealing bitcoins from Silk Road will plead guilty; the European Banking Authority believes a 51% attack is Bitcoin’s biggest threat and ...
JUN 18 DIGEST: Elliptic Announces Breakthrough in Bitcoin AML Compliance, Ex-US Agent to Plead Guilty to Silk Road BTC Theft
Daniel O. Nyairo
2015-06-18T12:17:20+01:00
740
When Cointelegraph asked the Bitcoin Wallet software providers listed on bitcoin.org, they showed broad support for increasing the Bitcoin block size limit from...
Bitcoin Wallet Software Providers Express Support for Block Size Increase
Aaron van Wirdum
2015-06-11T09:33:55+01:00
905
Overstock sold its first cryptobond, the cryptography team at Blockstream unveiled its first prototype sidechain and more top stories for June 9.
JUN 9 DIGEST: Blockstream Unveils Sidechain Prototype; Overstock Sells its First Cryptobond
Guest Author
2015-06-09T12:46:00+01:00
115
Of all Bitcoin web-wallet providers as listed on bitcoin.org, Blockchain.info, Coinbase and Xapo are in favor of raising Bitcoin's block size limit from 1 to 20...
Web-Wallet Providers Divided over Andresen’s 20 MB Block Size Increase Proposal
Aaron van Wirdum
2015-06-08T18:05:00+01:00
869

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