IPFS News Link • Bitcoin
Andersen Throws Another Proposal to Increase Block Size Limit
• https://99bitcoins.com/andersen-throws-another-proFor the past couple of months, Bitcoin community has been dealing with Gavin Andresen and his proposals for increasing block size limit on the Bitcoin network. And the Bitcoin Core developer is at it again with a new proposal. In his latest pitch, he has suggested a hard fork patch for Bitcoin XT. But so far, the community still remains skeptical over his plans to increase the limit of the block size.
How it all started
Most experts agree on the fact that Bitcoin network will not be able to process more than seven transactions per second without an increase of the block size limit, at some point. But The Bitcoin Core development team has yet to reach on the same page about the proper timing and approach to achieve this. When Andresen failed to convince them about the urgency of the situation, he decided to proceed through Bitcoin XT, a fork of the Bitcoin Core developed by Mike Hearn. Andresen expects to initiate bigger blocks on the network using this fork once Bitcoin XT surpasses Bitcoin Core. Bitcoin Core will be able to adopt bigger blocks, or turn out to be immaterial due to the compatibility of the two versions,according to Andresen.
The debate began back in October last year when Andresen proposed Bitcoin Hard Fork to address network scalability. In reaction, some of the major members of Bitcoin's technical community regarded Andresen as a "threat" to the community. Although his new proposal has gained some support from Bitcoin's Reddit community, critics still remains unconvinced.



