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Saturday, May 13, 2017

Bitcoin Wallet Trezor Architect: “Bitcoin Unlimited is Comedy Show”

Bitcoin Wallet Trezor Architect: “Bitcoin Unlimited is Comedy Show”

Marek "Slush" Palatinus, the lead architect of popular Bitcoin hardware wallet manufacturer Trezor and the CEO of the firm’s parent company Satoshi Labs, stated that he is not against the execution of a hard fork and the concept of big blocks. However, he is against the Bitcoin Unlimited software.

On May 12, Slush wrote:

“Bitcoin Unlimited proposed consensus mechanism for blocksize, but then they found it doesn't work and propose flag day for hard fork. To clarify, I'm not against hard forks and bigger blocks, but Bitcoin Unlimited is comedy show.”

In other words, Slush is not fundamentally against the execution of hard forks. In some instances, hard forks present some benefits and advantages over soft forks.

Full story at http://bit.ly/2qgfzGB

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