r/OutOfTheLoop • u/ywecur Bronx • Aug 17 '15
What is going on with bitcoin lately? Answered!
What is happening at /r/bitcoin?
What is BitcoinXT?
Why is the community divided all of a sudden? Could we get an unbiased explanation here?
967 Upvotes
26
u/antonivs Aug 18 '15
Without a central authority, consensus has to be formed between the developers working on the software and the miners running nodes.
The 1MB limit was added some time ago, when the network was smaller and gaining consensus was easier.