Bitcoin News

Blockstream Cofounder Proposes To Reduce Bitcoin (BTC) Blocks from 1Mb to 300Kb

A recent proposal issued by Blockstream co-founder Luke DashJr has caused a stir in the Bitcoin Developers community. The well-known expert in cryptocurrencies proposed the temporary reduction of Bitcoin Blocksize to less than half. The proposal is already available for analysis in GitHub and seeks to reduce the size of the blocks produced by the Bitcoin Blockchain from 1Mb to only 300k. The soft…
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