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segwit2mb

SW with 2MB blocks (SegWit2MB)

One of the more reputable bitcoin developers, Sergio Lerner from Argentina, suggested an unique compromise to bitcoins scaling. In technical terms, this is a 2MB hardfork with Segregated Witness. Some were excited while others did not show much enthusiasm to this idea. This crypto currency’s block size war rages and can only end due to sheer…

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Bitcoin Mining

Bitcoin Mining in 2017

  Mining adds transaction records to the public ledger of Bitcoin that contains previous transactions. This process used to be performed by individual desktop computers that run BTC nodes as miners competed to address algorithmic issues while verifying transactions on the crypto currency’s Blockchain. The PC that resolves the problem first is rewarded with Bitcoins. This…

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armory logo

Armory opposes Hard-Forks, supports SegWit

  Armory is an open-source wallet management app specifically for Bitcoin. It supports SegWit or Segregated Witness to deal with the scalability issue of Bitcoins network. Armory contradicts hard forks that counter the original Blockchain. It can organize the change and apply a migration tool for another wallet that supports the change. Armory Wallet is not conducting…

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