Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is Forking
by
LiteCoinGuy
on 15/08/2015, 18:05:15 UTC
It happens.
why do you think this fork is so scary?

Honestly, I don't think its scary. I expected it and accept it. I was just adding some humor.

dont do this. noobs will be scared  Undecided


for the new people here: bitcoin to the moon? support bigger blocks (XT)!  Smiley


Why is Bitcoin forking?

A long time ago, Satoshi put in place a temporary kludge: he limited the size of each block to one megabyte. He did this in order to keep the block chain small in the early days, until what we now call SPV wallets were built (‘client only mode’). As seen in the quote above, it was never meant to be permanent and he talked about phasing it out when the time came. In the end it wasn’t needed — I wrote the first SPV implementation in 2011 and with my esteemed colleague Andreas Schildbach, together we built the first and still most popular Android wallet. Since then SPV wallets have been made for every platform. So Satoshi’s reason for the temporary limit has been resolved a long time ago.

https://medium.com/@octskyward/why-is-bitcoin-forking-d647312d22c1