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Bitcoin has avoided tearing itself apart -- for now

Business Insider - 25 Jul 2017 06:09
Bitcoin has avoided tearing itself apart -- for now Lam Yik Fei/Getty Images The world’s most popular cryptocurrency has been facing a challenging problem for several years now: it can only be used to make seven transactions per second. If it’s to become a truly useful payment system in the future, that’s nowhere near enough—but moves to fix the fault have caused huge and potentially troubling divides in its user base. The issue is well known, but as the currency has continued to grow in popularity, it’s become an ever-increasing threat...
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