Capitalizations Index – B ∞/21M
On November 15, the crypto market experienced a wipeout of more than $27 billion, as its valuation dropped from $210 billion to $183 billion. As CCN reported, the intensity of the drop reached to a point in which bitcoin dropped by more than 11 percent, after having defended the $6,000 support level for nearly six …
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Years into the great bitcoin scaling debate no solution is in reach. Neither bigger blocks nor Segregated Witness have anywhere near consensus support. With the conflict escalating, a bitcoin fork has become a real possibility.
Topics discussed in this episode:
Possible outcomes include that bitcoin Unlimited gains a majority of hashing power and starts mining bigger blocks. In the event of a fork, a proof-of-work change could be done to defend the minority chain from miner attacks. And lately a proposal was brought forward to activate SegWit without the support of the hashing power.
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Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.