The Blocksize War: The battle over who controls Bitcoin?s protocol rules
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The Blocksize War: The Battle Over Bitcoin's Protocol RulesBackground: A dispute over the size of Bitcoin blocks, which store transaction data.
Key Players:Big Blockers: Advocate for larger blocks to increase transaction capacity.
Small Blockers: Prefer smaller blocks to maintain decentralization and security.
Arguments:Big Blockers: Larger blocks allow for more transactions, reducing fees and congestion.
Small Blockers: Larger blocks make the network more vulnerable to centralization and attacks.
Outcome: A compromise was reached in 2017, increasing the block size to 2MB.
The debate continues, with both sides advocating for their preferred solutions.
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