Last updated on January 11th, 2018 at 02:36 am
Bitcoin’s limitations are becoming bigger issues as banks and other financial institutions build out their own similar networks.
Some bitcoin developers are trying to tweak the network software to speed transactions, but disagreements about the approach have led some groups to split off and create their own smaller networks.
Because only 21 million bitcoins will ever be issued, there’s a case to be made that the currency is simply evolving from a transaction network to digital gold.
Eulogy made by Olga Kharif