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Bitcoin is Being Pushed to Full Capacity

Fri Feb 10, 2017 6:00 pm

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Many things have been predicted to happen when Bitcoin reaches its capacity. Now, as it happens, the mempool becomes one of the most intriguing Bitcoin stats to observe.

When Bitcoin blocks reach its size limit of 1MB, there is a prediction of doom and gloom. Most prominently Bitcoin developer Jeff Garzik forecasted in December 2015 the so-called “fee event” that should occur when blocks are at least 95 percent full over at least seven days. According to Garzik, this will trigger an economic change...

Read more here:

https://btcmanager.com/bitcoin-is-being ... -capacity/

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