Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: CryptoGirl on November 11, 2017, 10:43:33 PM

Title: Bitcoin Classic Team Cease Support after the 2x Suspension
Post by: CryptoGirl on November 11, 2017, 10:43:33 PM

Manager for Bitcoin Classic, Tom Zander, said given the suspension of the Segwit2x hard fork this week, he believes bitcoin's scaling problem will continue, and that the functionality of bitcoin cash will likely surpass that of bitcoin.

Zander wrote:

 
Quote
  "In at most six months I'm sure we'll just drop the 'Cash' and call it 'Bitcoin'."


Launched in 2016, Bitcoin Classic's goal was to increase bitcoin's transaction capacity by raising the block size from 1MB to 2MB, however, it failed to gain traction among the cryptocurrency's global software users.

Now, through bitcoin cash, which allows for adjustable block sizes and a default of 8MB, "Classic has fulfilled its promise," the post states.

https://bitcoinclassic.com/news/closing.html