Extension Block Proposal Receives More Industry Support

[jamie.redman1]

There’s been a lot of discussions in the cryptocurrency space about alternative implementations of the Bitcoin client. Just recently Bitcoin.com reported that Bitpay announced it was gearing up to test the alternative client Bcoin’s Extension Blocks by partnering with the bitcoin-based startup Purse. Now three more digital currency companies are supporting Bcoin’s “To the Moon” proposal.

Three more bitcoin-focused firms are supporting the idea of Bcoin’s Extension Block (E-block) proposal for testing and research. This includes startups such as Openbazaar’s OB1, the bitcoin-centric social media network Yours, and the wallet service Ripio. Bitpay, Bitcore, and Purse also support the proposal but have been involved since E-blocks were introduced a few weeks ago. The E-blocks code is open source and establishes the idea that the 1MB block size cap can be solved by utilizing an “auxiliary block” soft fork. Since the concept was unveiled the E-block protocol was deemed controversial to some supporters of Segwit and the current reference implementation Core.

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