Below is a detailed flow chart graphic that depicts the possible outcomes to the upcoming scaling proposals that may be implemented in the near future. We hope to help our readers get a better understanding of what’s going on with these specific Bitcoin network developments. Also Read: The Blockchain Split Scenario: Staying Informed and Backing Up Bitcoin Keys A Visual Flow Chart
A Twitter user named LaurentMT has been battling his very own “Moby Dick.” He implied the White Whale has come in the form of a spam attack on the network, which has caused blocks to consume too many utxos (unspent transaction outputs) in the system in recent weeks. The user commented on Twitter in a series of charts, primarily containing information on block size and utxos.
The popular online bitcoin wallet, Blockchain.info, has announced the completion of a successful series B funding round by raising $40 million. The company started its services back in 2011 and aims to continue making digital currencies easier to use for everyday people. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs Blockchain Raises $40 Million in Funding for