2015 December

Bitcoin Price Advancing In A Correction?

Bitcoin price spent Saturday day-time in persistent advance. At the time of writing this analysis price has fallen back to support. Which side of support the arket settles price today will determine if next week falls into decline or sees renewed advance. This analysis is provided by xbt.social with a 3-hour delay. Read the full […]

Bitcoin Mining Titan BitFury: No to BIP 101, Yes to Block-size Consensus

In anticipation of the Scaling Bitcoin Hong Kong workshop on the 6th and 7th of this month, BitFury has re-established its belief that the current 1 megabyte block-size limit must be changed only if agreed upon by consensus. The largest mining pool outside of China, controlling some 15 percent of hashing power on the Bitcoin […]

MultiBit’s Jim Burton: Satoshi’s Vision of a Peer-to-Peer Currency Needs Bigger Blocks

Jim Burton, the British lead developer of “lightweight” Bitcoin client MultiBit, favors a rapid block-size increase in order to allow for more transactions on the network, rather than focusing on layers built on top of Bitcoin. “Philosophically, we think that Satoshi’s vision of a peer-to-peer currency needs bigger blocks,” Burton told Bitcoin Magazine. We want […]