Bitcoin’s real power is that anyone willing to pay fees can write to the ledger. BIP-110’s backers want to change that for data-heavy transactions. The backlash reveals what’s truly at stake.
For years, Bitcoin developer Luke-jr stood out for arguing that the block size limit should not be increased, but decreased. Is it time to start taking him seriously?
Updated on Jan. 22, 2016 at 11:50 EST:Bitcoin Magazine recieved a response from major Chinese Bitcoin exchange Huobi, which indicated that the situation was...