Bcoin Releases Extension Blocks Code for Bitcoin Scaling; BitPay’s On Board

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Stephen Pair, CEO and co-founder of BitPay, said BitPay will be among the parties evaluating extension blocks as a solution to the bitcoin block size issue and encouraged others to do the same.

Stephen Pair

The bcoin development team recently released working code and specifications for extension blocks and are awaiting input from the developer community. BitPay plans to be among those parties evaluating the code, Pair noted, writing in Medium.

Pair had previously expressed his support for extension blocks as a way to avoid a contentious hard fork. Shortly after Pair voiced his support for extension blocks, bcoin informed him they have almost completed a deployment of extension blocks.

Public Testnet Available

A public testnet operating extension blocks has been released with instructions that make it possible to run a bcoin node on the extension block in minutes, Pair noted.

If the testnet holds up to scrutiny, BitPay might support its activation on the main net.

Pair has invited all bitcoiners to consider

Read more ... source: CryptoCoinsNews

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