Article HM27 Bitcoin's forked: chief scientist launches alternative proposal for the currency

Bitcoin's forked: chief scientist launches alternative proposal for the currency

by
Alex Hern
from Technology | The Guardian on (#HM27)

The bitcoin wars have begun, as Bitcoin XT squares off against the classic flavour of the cryptocurrency

Cryptocurrency bitcoin is facing civil war, with two high-profile developers announcing plans to split the code that underpins the network.

Known as a "fork", the new version of bitcoin (dubbed Bitcoin XT) would support more transactions per hour, at the cost of increasing the amount of memory required to hold a full database of all the bitcoin transactions throughout history, known as the blockchain.

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