Bitcoin Unlimited may lead to the bitcoin Network Center

Bitcoin Unlimited may lead to the bitcoin Network Center


BitcoinUnlimited it is the crux of the decision is toward economic right of the major participants closer, including who can obtain more benefits, so that in effect increase the participation of the bitcoin network cost.


The BitcoinUnlimited may lead to the bitcoin Network Center


Since BitcoinUnlimited get attention, the solution to this debate has not stopped. If they choose the block size of all nodes, the future may be very interesting”. In fact, this scheme will cause a series of new problems that need to be resolved for the future. Therefore, some people even began to speculate that BitcoinUnlimited may be caused by the center of the situation.


For the implementation of BitcoinUnlimited or not, there are a lot of different opinions. Because there is a “fixed block size solution” to make everyone satisfied, so a variable way seems also accepted. However, in this scheme, each node was awarded the “economic weight”, which caused a lot of problems.


The problem of BitcoinUnlimited


If according to the meaning of BitcoinUnlimited of bitcoin expansion, so the miners can choose their block size, this time some special nodes may choose the node regardless of other mining too large blocks. In contrast, a small block may be forced out of the network, because they cannot continue to follow the longest chain of blocks. The application of this method to improve after the expansion, the block size is one thing, but you will find the position of fair challenge was broken after facing the future will be far more than in the past.


Chief executive DavidVorick NebulousInc explained as follows:


“BitcoinUnlimited it is the crux of the decision is toward economic right of the major participants closer, including who can obtain more benefits, so that in effect increase the participation of the bitcoin network cost. So the major economic power (economic strength) participants can increase the participation of the bitcoin network to suppress the cost economy vulnerable groups, in order to make their own benefit more. This is a serious problem is the center, to the center of any disaster to target the crypto currency it.”


According to his idea, also seems to be some truth, with the development of the center time participants members will slowly control bitcoin. This matter from which point of view is not a positive development. The economic strength of the participants will squeeze even cut off the weak participants living space, when they get the block size Blanche, center of the situation will inevitably arise.


As for the There are both advantages and disadvantages. BitcoinUnlimited scheme, acceptance is ultimately determined by the market. Go to the center of the property has been the main aspects of bitcoin attract people. And now you want to use a way to create a chain of different size blocks — bitcoin bifurcation, but this result may not be the best way.


However, in the field of development competition is a good thing. The collision of different thoughts will produce a solution for all of us. The use of free market force to end the discussion, this may be the best course of action for all of us. Now, appear to the center and BitcoinUnlimited does not necessarily complement each other, this is worrying.

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