Bitcoin Unlimited proposal paves way for first block size limit increase

As the debate over bitcoin’s future rages on, developers have started laying out plans to alleviate the congestion on the blockchain network.

Leading the fight are several groups including Bitcoin Unlimited, which are pressing to increase the current 1MB block size for a more robust bitcoin environment despite the continued insistence of the other camp—aka Bitcoin Core—that blockchain’s original design is doing fine in its current form.

Core was recently found to have been slipping new signatures into the code, and in the process, may have been slowly subverting the system with each update without lodging a Bitcoin Improvement Proposal (BIP) and, more importantly, without a consensus.

Bitcoin Unlimited to the rescue