35 min
Chapter 5 | The Bitcoin Civil War WTF is Bitcoin?! The Cryptocurrency & Blockchain Guide for Dinner Parties
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- Technology
In 2017, Bitcoin's popularity had become a problem. Effectively unable to process more than 400,000 transactions per day (Visa claims to process 150 million transactions per day), how to scale the technology became a bone of contention, that would eventually split the community and lead to the code fork that resulted in the creation of Bitcoin Cash. Find out the technical limitations of the technology and the pros and cons of the respective cryptocurrency scaling strategies.
Buy the actual book on Amazon paperback & Kindle. https://amzn.to/2WRHRGg
Listen to this episode on Youtube | https://youtu.be/5wqjJWYeyy4 Audiobook Podcast Youtube Playlist | https://youtube.com/playlist?list=PL-cj8Q_B0xWFybnr3Z_DZlYzSy_hBDgbo
Feel free to support this work by liking, subscribing and leaving a comment on our podcast page, sharing on social media, or making a contribution on Patreon. https://www.patreon.com/maximbeatty
Disclaimer | https://pod.wtfisbitcoin.net/disclaimer.html
This work contains the music track RW Smith - Dig Deep that is licensed under a Creative Commons Attribution license | Source: https://directory.audio/free-music/hip-hop-rap/5933-rw-smith-dig-deep | Author: RW Smith
In 2017, Bitcoin's popularity had become a problem. Effectively unable to process more than 400,000 transactions per day (Visa claims to process 150 million transactions per day), how to scale the technology became a bone of contention, that would eventually split the community and lead to the code fork that resulted in the creation of Bitcoin Cash. Find out the technical limitations of the technology and the pros and cons of the respective cryptocurrency scaling strategies.
Buy the actual book on Amazon paperback & Kindle. https://amzn.to/2WRHRGg
Listen to this episode on Youtube | https://youtu.be/5wqjJWYeyy4 Audiobook Podcast Youtube Playlist | https://youtube.com/playlist?list=PL-cj8Q_B0xWFybnr3Z_DZlYzSy_hBDgbo
Feel free to support this work by liking, subscribing and leaving a comment on our podcast page, sharing on social media, or making a contribution on Patreon. https://www.patreon.com/maximbeatty
Disclaimer | https://pod.wtfisbitcoin.net/disclaimer.html
This work contains the music track RW Smith - Dig Deep that is licensed under a Creative Commons Attribution license | Source: https://directory.audio/free-music/hip-hop-rap/5933-rw-smith-dig-deep | Author: RW Smith
35 min