[2017-03-27] Moneycontrol: Bitcoin faces 'civil war' that may split it into two

Bitcoin faces 'civil war' that may split it into two, but it may be good for currency

http://www.moneycontrol.com/news/technology/bitcoin-faces-civil-war-that-may-split-it-into-two-but-it-may-be-good-for-currency-2247447.html

Hardcore bitcoin watchers may have lately come across a major issue facing the digital currency: a 'hard fork' that threatens to split it into two.

At the core is an argument that is as technical as the currency itself: put simply, the digital currency's increasing popularity is putting load on its underlying infrastructure -- the blockchain -- that is slowing down transaction speeds and is in need of an upgrade.

Developers, miners and technical experts of the cryptocurrency are locked in a heated debate -- a 'civil war' according to some reports -- on how to make the currency’s software protocol to allow it to meet the increased demand and handle more transactions.

Topic: [2017-03-27] Moneycontrol: Bitcoin faces 'civil war' that may split it into two (Read 378 times)