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COMPARISON OF CRYPTO CURRENCY MARKET CAP
By increasing the block size, miners would be able to fit more transactions into each block, hence lowering fees as well as being able to process more transactions every 10 minutes. But this solution was roundly resisted, and the debate over block size sparked a civil war in the Bitcoin community. Ultimately, those who wanted to keep the block size limit unchanged prevailed. So, on Aug. A new hard fork, this time splitting off from Bitcoin Cash, called BSV emerged, which eventually introduced 2,megabyte blocks during the Quasar update.
So, the block size limit was removed completely from BSV. Again, to be clear, this miner was an impostor. The aftermath The extent of the damage is unclear, according to the Bitcoin Association. The association says it has zero tolerance for attacks and has been looking closely into the logistics of this one. Read more about. A Florida jury on Monday found that Wright did not owe half of 1. David Kleiman died in April at the age of Led by his brother Ira Kleiman, his family has claimed David Kleiman and Wright were close friends and co-created bitcoin through a partnership.
Read more At the centre of the trial were 1. Now the cryptocurrency community will be looking to see if Wright follows through on his promise to prove he is the owner of the bitcoins. The case tried in federal court in Miami was highly technical, with the jury listening to explanations of the intricate workings of cryptocurrencies as well as the murky origins of how bitcoin came to be. Jurors took a full week to deliberate, repeatedly asking questions of lawyers on both sides as well as the judge on how cryptocurrencies work as well as the business relationship between the two men.
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