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RE: Another Bitcoin Hard Fork?

in #bitcoin • 7 years ago

Everyone is free to fork Bitcoin. On the goals of this group:

  • I read nothing concrete on how they intend to scale Bitcoin onchain
  • my biggest concern is blockstream or other parties inserting patented elements into Bitcoin source code
7 years ago in #bitcoin by
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     7 years ago  

    If I read it correct, they have SegWit and they will start with 2MB block limit and later be growing the block size limit cautiously on demand. So, whatever scaling Bitcoin can do, so can Bitcoin Gold do, and in addition there will be more room in the blocks. But who cares, it's no need for any grand scaling plans for a ledger with only a handful of transactions.

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     7 years ago  

    Yes but this might be a Hard fork, not just a random fork. I said that their plan is skeletal at the moment so I cannot say for sure how they scale the Bitcoin onchain. As for the patented elements, that is something to watch out for.