Bitcoin News
By Steven Anderson
1 / 11
The cryptocurrency market is already divided along several lines. There are those Bitcoin “Loyals” who are who are loyal to every kind of Bitcoin fork like Bitcoin Cash…
2 / 11
Several proponents support the idea of getting back to the smaller block size from the increased block size of BCH.
3 / 11
In response to a tweet that stated that a reduced block size would give him more confidence particularly in the Lightning Network in full flow, Cobra stated, "I feel more…
4 / 11
Cobra stated that a reduction in the size of the block was a fundamental change to the coin structure, which is nothing but a hard fork.
5 / 11
Even if it is about only changing the block size, Cobra opines that it will reduce the necessary trust in the coin. This he stated in his own words thus:
6 / 11
"Stop this madness! Last thing Bitcoin needs are yet more contentious forks in this key year for adoption! A soft fork to "reduce the block size" is a hard fork in all but name.
7 / 11
However, other users in Twitter opined, "BTC smaller blocks will help Bitcoin.”
8 / 11
With this happening about the blockchain size issue of Bitcoin, it is seen that BTC has lost more than 80% in value over the past 13 months.
9 / 11
There was a collaborative blog post that stated that “Banks are better than Bitcoin when it comes to money laundering.”
10 / 11
One of the EU agency stated that money does not leave a trial like the Bitcoin and therefore the digital coin is less attractive to money launderers.
11 / 11
Over the years law enforcement agencies have successfully caught Bitcoin criminals. There are yet other analysts who believe that a completely cashless society is not…
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