Author: Pieter Wuille 2015-12-18 15:48:43
Published on: 2015-12-18T15:48:43+00:00
In an email exchange, the sender poses a math equation to which they receive a response confirming their calculation. The conversation then shifts to discussing the benefits and drawbacks of hard forks and soft forks in the context of increasing capacity for Bitcoin transactions. Soft forks provide an immediate increase in capacity without requiring all users to upgrade their software, whereas hard forks require consensus and a longer rollout time to be implemented safely. The author expresses the need for both types of forks in order to achieve constant improvement. They also refer to a previous thread they authored on the security of soft forks. Overall, the exchange highlights the ongoing discussion and decision-making regarding how to improve the scalability and efficiency of Bitcoin transactions.
Updated on: 2023-05-19T22:47:27.820698+00:00