There is a possibility to increase the size of bitcoin block without the need for hard fork!

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In a workshop held in Tokyo on October 5th, Mark Friedenbach, a developer of the Beat Covey Protocol and the founder of Blockade, introduced a method for its scalability without forcing.

This new concept, introduced at the Bitcoin Scalability Workshop, entitled “Forward Blocks,” refers to increasing in-chain capacity by changing the proof-of-work mechanism and only using a soft fork. It is also combined with the application of the use of alternative private offices.

The proposed scheme describes a method that increases its “transaction volume up to 3584 times the current level” and improves the resistance to censorship by means of scarring.

During the speech, Friedenbach proposed massive reforms for bitcoin chain transactions or transactions in the bitcoin Blockchain. This soft fork, or SoftForck, implies an enhanced empowerment of the protocol consensus algorithm, where old nodes have agreed on network development. Also, this research also represents the concept of “forwards compatible soft-fork”, since the untapped nodes will be able to receive and process transactions as well as the new software.

During his speech, Freidenbach emphasized Sharding’s role in increasing resistance to censorship, and pointed out that the term borrowed “Sharding” from the database area. However, the phrase used in the lecture with the concept of charity that is found in enormous projects associated with other digital currencies is very different, but it’s not a mistake to use it in a research study.

The word Scharding came with the Ethereum project, which in the coming days should await important updates on the network. For the first time,Vitalik Buterin, in April 2018, and in the Ethereum project, used the term to introduce it as a way to increase the Etherium blockbuster transactions. The general idea of ​​Scharding is that, in intra-threaded transactions, several computers load the processor into a transaction, and a multi-computer transaction can be split.

 

Freydenbach, a former NASA contractor, said in his talk that his intention was not initially to investigate Bitcoin’s scalability problems, and in fact thought of developing a dual proofing mechanism that could be implemented with soft form. For the developer, adding an alternative proofing algorithm to the network is not a proposed scheme and does not impose future changes, and the only thing that developers can take into account is to start it.

Bitcoin’s scalability problem is one of the most important issues of the digital currency issue.

In July this year, a number of Bitcoin engineers, the Bitcoin Operations Technology Group or Bitcoin Optech, launched the Blockchain questionnaire for Scalability. This nonprofit group is led by major industry actors such as Vonks Cassers from the board of directors of Pipelain, John Fuff, Executive Director of KKR & Co, and Chaincode Labs Development Research Group.

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