Share this article
Bitcoin Scaling Event Set for Third Installment in Italy
A conference series started in the wake of bitcoin's ongoing block size debate will see a third installment in 2016.
By Pete Rizzo
Updated Sep 11, 2021, 12:22 p.m. Published Jul 11, 2016, 12:50 p.m.
Make us preferred on Google
A conference series started as a bid to better unite and focus the bitcoin development community in the wake of serious technical debates will see a third installment in 2016.
Following two meetings in Montreal and Hong Kong last year, Scaling Bitcoin will host its next event in Milan, Italy, from 8th to 9th October, organizers announced over the weekend.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Called "Scaling Bitcoin 2016: Retarget", the name is a nod to a part of the bitcoin mining process whereby miners adjust to new difficulties.
The name is apt as the announcement comes as dialogue between members of the digital currency’s ecosystem appears increasingly strained. For example, bitcoin developers and miners, the two most actively involved groups in the scaling debate, are now rumored to be meeting this month to move forward on solutions to boosting bitcoin's transaction capacity.
In an email, organizer Pindar Wong indicated additional details, including conference speakers and topics, would be announced in the coming weeks.
Image via Pete Rizzo for CoinDesk
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster
Circle’s rising correlation with ether and DeFi exposure drives the re-rating, despite valuation and competition concerns.
What to know:
- Compass Point’s Ed Engel upgraded Circle (CRCL) to Neutral from Sell and cut his price target to $60, arguing the stock now trades more as a proxy for crypto markets than as a standalone fintech.
- Engel notes that CRCL’s performance is increasingly tied to the ether and broader crypto cycles, with more than 75% of USDC supply used in DeFi or on exchanges, and the stock is still trading at a rich premium.
- Potential catalysts such as the CLARITY Act and tokenization of U.S. assets could support USDC growth, but Circle faces mounting competition from new stablecoins and bank-issued “deposit coins,” and its revenue may remain closely linked to speculative crypto activity for years.
Top Stories
