Bitcoin News

Excerpts from the latest update from Bitcoin.org project lead Gavin Andresen (@GavinAndresen):

“If you are using bitcoind or Bitcoin-Qt and you haven’t upgraded yet, you should: the new release [v0.8] is much faster and is more gentle on your disk drives.”
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“[Foundation member Saivann Carignan is] redesigning the bitcoin.org website. He has also been doing the hard work of getting rough consensus on what the design and content should be,”
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“This week transaction volume reached the voluntary, easy-to-change, 250,000 bytes-per-block limit — and that caused some pain for people. […] At least a couple of the big pools have decided to increase the size of the blocks they create.”
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“There is a non-voluntary, hard-to-change, 1,000,000-bytes-of-transactions-per-block limit that needs to be raised. […] I’m confident that raising the 1MB limit will be only slightly painful for most people– you’ll just have to upgrade old Bitcoin software.”

 - https://bitcoinfoundation.org/blog/?p=135
 - http://bitcointalk.org/index.php?topic=149668.0 (Further discussion of the scalability issue)

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