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Block size of the bitcoin network Problem of problem is not yet received. Bitcoin community has not yet decided on the solution to this problem. Recently the Bitcoin community has decided not to follow the Roundtable Community Bitcoin Classic and has announced this decision in its blog.
According to this blog, a member of the Bitcoin Roundtable does not agree with the idea of hard-fork to blockchain. They are worried that hard-fork may start to engage in the network with hard work, due to which the entire bitcoin network is likely to get worse. If such a thing happens then there will be a lot of damage to the tho people.
Bitcoin roundtable community has introduced a five-point proposal related to the development of bitcoin network by seven joint venture miners, mining pools, wallet providers and many bitcoin related companies.
According to this proposal, small wages should be increased with the least risk in the Bitcoin Block size.
Because of the potential dangers, hard-fork of blockchain is out of the question at this time. They are against making two incompatible blockchain versions, and this can also cause bittoin to die.
The member of the Bitcoin Roundtable wants to make a further map of Bitcoin in collaboration with Bitcoin Core Developers. By doing so, the change in bitcoin can be done in the future according to the opinion of the members of all Bitcoin.
Proposals for any hard-fork-related reforms should be activated only after a broad consensus.
All Bitcoin contributors should start working together on the scaling roadmap in a collaborative form by burying their differences.
This announcement by the Bitcoin roundtable conference meant that Bitcoin is no longer a potential solution to the classic block size crisis.
img credz: pixabay.com
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