A quick look at Bitcoin's exciting story; A Short History of Scalability

A quick look at Bitcoin's exciting story; A Short History of Scalability

Talking about the best way to upgrade Bitcoin's network to increase its transaction capacity has long been around in the industry's circles. However, by 2014, the idea of the potential need to change bitcoin technology to increase its efficiency was not the focus of attention.

No one claims that finding a collective agreement is easy.
Talking about the best way to upgrade Bitcoin's network to increase its transaction capacity has long since become the focus of industry circles.
However, by 2014, the idea of ​​the potential need to change Bitcoin technology to increase its efficiency was not the focus of attention.
Since then, there has been heated debate about this, which in the best case reflects the deepening and creativity of the developers who work on this open source project, and at worst, the damage that an online 24-hour reporting may have on research. Scientific notes.
At the moment, the scalability debate has reached its turning point.
Here are 19 of the important events in this area:

• October 2014:
  "Scalability is at the heart of attention"
  Following the growth of network utilization, Bitcoin developer Gavin Andressen tries to upgrade bitcoin capacity by modifying network rules.

• December 2015:
  Getting Started "Separated Check"
  After several months of discussion, Pieter Wuille unveiled his Segregated Witness or SegWit. This plan and its possible function in the future growth of the network was widely welcomed by developers.

• March 2017:
  "The emergence of scalable successor solutions"
  Given the failure to reach a collective agreement, a novice team of developers attempted to encrypt alternatives to Sogot to minimize worries by miners and startups.

• March 2017:
  "A mysterious meeting"
  Some rumors suggest that the main shareholders of Bitcoin plan to discuss a new road map by holding a New York meeting.

• April 2017:
  Controversy about ASICBOOST
  The situation collapsed when developers accused a major Minecraft Blockbuster Stugith of having a profitable performance. This led to the emergence of a divide between the two communities.

• May 2017:
  "Lighthouse updated to Sogotte"
  The Liquino, an alternative exchange currency, and the fourth largest cash register in the investment market, updated its network to support Sogot.

• May 2017:
  "Startups and miners went back to the Segwit2x Scalable Schema"
  During the Consensus 2017 conference held by CoinDesk, a news release on the media site revealed that a large group of miners and startups announced their agreement with a new technical roadmap for Bitcoin. The plan included both online and offline modes.

• June 2017:
  "Startup support from Segwit2x"
  Startups are reviewing this idea. Evidence suggests that they are widely supported by the scheme and that the idea could possibly solve their problems with the storage of consumers.

• June 2017:
  "Strong Opposition by Developers with Proposal"
  Bitcoin's core core developers in a talk with CoinDesk pointed to some of the challenges the members of this open source development group had of the technical road map and the implications of using it.

• June 2017:
  "Miners believe Segwit2x is the way forward in the future"
  Some Bitcoin miners expressed their views on CoinDesk. It seems that many of them agree with Segwit2x, and they are only slightly concerned about the potential weakness of this approach in scalability.

• June 2017:
  "BIP 148: Protest begins"
  Among the Segwit2x retreat, developers have intensified attacks on Segwit2x. BIP148 has pledged to help nodes and miners to network nodes if the update is not enabled by August 1.

• June 2017:
  "Unveiling the Segwit2x Trial"
  The original version of Segwit2x was released.

• June 2017:
  BIP 148 + Segwit2x ?
  Developers have been wary of concern with the use of Segwit2x and BIP148. Concerned about the compatibility of these two ideas with the minimization of chain division problems.

• June 2017:
  "Miners offer UAHF"
  Regarding the interest of some users and developers in using BIP148, miners have also come up with the same move, and have invented a strategy that if the operation does not update the 2 megabyte block, to fend off a performance chain.

• June 2017:
  Who works with Segwit2x?
  There is little detail about a real development. Given the pressure of public opinion, many startups are going to announce how to work with Segwit2x code.

• June 2017:
  "Segwit2x code development continues"
  Despite the anticipation of the release of the Segwit2x trial version, criticism about the lack of detail on this project continues.

• July 2017
  "Segwit2x Forgery Test"
  A version of Segwit2x is unexpectedly divided into two parts. According to the fan, the complexity of the problem and the ways out of it are the same in both parts.

• July 2017
  "Segwit2x trial release delayed"
  Segwit2x developers have not set any timeframe for the software version release. No information about this delay has been published so far.

• July 2017
  "Green LEDs for early use of Segwit2x"
  Miners increase their commitment to Segwit2x. They tacitly announced their support for a new plan called BIP91.

.

@triplej
@haji