Seg-WHAT? An Introduction to Bitcoin’s Block Debate

Category / Bitcoin / Blockchain / Mining Published on

You may have heard a few unfamiliar terms in the news recently – things involving silverware and the word unlimited. The community seems to be split on an issue, and the who’s who of the cryptocurrency world are twitterpated over the entire ordeal. But, what exactly is causing a divide in the world of Bitcoin? Well, it all starts with a little thing called a block – see, they’re filling up, and fast.
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How Bitcoin, Gold and FIAT money compares

Category / Bitcoin / Blockchain / Mining Published on

Take a moment to imagine the perfect currency – what traits would it have? Fungibility, for sure; portability, perhaps? It would need to be durable, divisible, decentralized. Immune to forgery and counterfeit with a predictable supply. Governments would have no sovereignty over it, and most importantly, it would be adaptable. The perfect currency still doesn’t exist, of course – but Bitcoin is not far off.
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