Cryptocurrency Q&A
What happened to Bitcoin XT?
What happened to Bitcoin XT?
SsamziegangSerenade
Wed Sep 11 2024
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5 answers
1341
Could you please elaborate on the fate of Bitcoin XT? I've heard whispers about its disappearance from the crypto landscape, but I'm not entirely sure what actually transpired. Was it a matter of lack of support from the community? Did it fail to gain traction due to technical limitations or disagreements within the Bitcoin community? Or did it simply fade away due to the rise of other more popular forks and alternatives? I'm genuinely curious to understand the full story behind Bitcoin XT's demise.
5 answers
Michele
Fri Sep 13 2024
The implementation of this change in Bitcoin Classic gained traction among some members of the community who saw it as a necessary step to address scalability issues. However, the response from the broader Bitcoin ecosystem was mixed.
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Stefano
Fri Sep 13 2024
As the year progressed, the adoption of Bitcoin XT dwindled. By January 2017, the number of nodes running Bitcoin XT had fallen dramatically, with fewer than 30 nodes remaining active.
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Caterina
Fri Sep 13 2024
In January 2016, the Bitcoin community witnessed a significant shift in the development of Bitcoin XT. BIP 101, a proposal aimed at gradually increasing the block size limit, was removed from the codebase of Bitcoin XT.
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CryptoKnight
Fri Sep 13 2024
This decline in support for Bitcoin XT underscored the challenges of achieving consensus within the Bitcoin community on issues related to scalability and protocol upgrades.
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SumoPride
Fri Sep 13 2024
This move marked a departure from the gradual approach and instead embraced a more immediate solution. Bitcoin Classic emerged as a fork that introduced a one-time increase in the block size to 2 MB.
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