The Bitcoin Inspector

All about bitcoin

  • Home
  • Archives
  • About

05 Apr 2017

KCN Startup offers Extension Blocks to solve bitcoin scaling issue

KCN Startup offers Extension Blocks to solve bitcoin scaling issueInfo partners: bitcoingarden.tk, coinidol.com Bitcoin startup suggests new solution to break scaling gridlock. Purse team issued demo of specification that enables the network to optionally support different kinds of blocks in addition to the default 1 MB blocks that today make up the main bitcoin blockchain and that have long been a source of community tension. Extension Blocks enable larger blocks through an opt-in second layer for true on-chain capacity increase. The main features of the innovation are immediate blocksize increase, possibility to further blocksize increase via soft fork, fungibility to transfer funds in and out of the extension block, support for Lightning and Smart Contracts and minimal changes for wallet software. Do you like our video? Donate: BTC: 1JdRXQuqicwSyn61c

Related Posts:

  • img_129088_crypto-mining-how-new-blocks-are-added.jpg
    Crypto Mining How New Blocks Are Added
  • img_109502_bitcoin-blocks-the-mining-challenge-shorts.jpg
    Bitcoin Blocks: The Mining Challenge  #shorts
  • img_129086_m1-how-to-mine-bitcoin-the-truth-about-bitcoin-mining-in-2025.jpg
    M1. How to Mine Bitcoin – The TRUTH About Bitcoin…

Filed Under: News

Learn how to make money with bitcoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2025 · BitcoinInspector.com ·