CRYPTO20 Set For ICO After Successful $5M Pre-Sale

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Scaling Bitcoin has been a topic of substantial debate for quite some time now. When Bitcoin Cash came around, it almost seemed as if these bitcoin scalability roadmap to peace would be put to rest once and for all.

With its on-chain scaling approach, BCH is the most functional version of Bitcoin right now. In fact, it bitcoin scalability roadmap to peace we will see another major on-chain scaling upgrade for BCH in the very near future. If things go bitcoin scalability roadmap to peace to plan, megabyte blocks will become the new normal very soon. Even though the Bitcoin Cash network can comfortably support 8MB blocks right now, very few mining pools and service providers do so.

In fact, Antpool only has started mining 4MB blocks, bitcoin scalability roadmap to peace there is still some room to breathe, so to speak. Thinking ahead will become a necessity at that point. To counter any future problems in this regard, the Bitcoin Cash developer community has put a roadmap on the table to increase the default block size to 32MB later this year.

It is well known that such a plan has been discussed before. On-chain scaling of Bitcoin Cash seems to be the right way forward, as bitcoin scalability roadmap to peace is something the vast majority of its community will easily agree to. The big question is whether or not major mining pools are confident they can support 32MB blocks. Especially when it comes to Chinese service providers, the existing infrastructure may not be able to deal with such a large block size right away.

All developers in the Bitcoin Cash community have the same vision when it comes to future scalability. Becoming and remaining a fast and low-fee peer-to-peer electronic cash system will be a big challenge, but nothing is impossible. With the focus on increasing the block size further, it will be interesting to see what the future holds for BCH. It is evident that this new major block size increase will need a fair amount of testing and support from the BCH community as a whole.

So far, things seem to be heading in the right direction, but there will undoubtedly be more debates regarding this choice. It is good to see such proposals arrive well ahead of time. It is also interesting to note that the Bitcoin Unlimited team has confirmed that a 32MB block size increase was once possible for Bitcoin. Bitcoin will not pursue any on-chain scaling solutions in the near future, by the look of things, which may turn out to be the wrong decision in the end.

Only time will tell whether the BCH team is on the bitcoin scalability roadmap to peace track. So far, the efficiency advantage seems to bitcoin scalability roadmap to peace as much. I am a robot. I just upvoted you! I found similar content that readers might be interested in: Awesome news cryptonewslife hollowpoints.

This post has been upvoted from the communal account, minnowsupportby cryptonewslife from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: Be sure to leave at least 50SP undelegated on your account. Authors get paid when people like you upvote their post. I'm a firm believer of bitcoin cash.

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