"This is about getting bitcoin to the next billion people," said Will Foxley, emcee of OP_NEXT, what he claimed was the first bitcoin scaling conference in five years. The gathering was focused on enhancing bitcoin's utility and resiliency, rather than the typical hype around its price. Participants delved into technical discussions aimed at innovating the original cryptocurrency and making it more accessible for a broader audience.
"Either we aggressively pursue innovation and progress as quickly as possible or we will eventually be replaced," said Paul Sztorc of bitcoin developer company Layer2 Labs. This statement underscores the urgency felt among conference attendees to not only improve bitcoin but to prevent it from being overshadowed by emerging technologies and cryptocurrencies that may offer superior functionality.
"I know it when I see it," quipped Colin Harper, the conference host as Blockspace Media's editor-in-chief. This humorous remark highlights the ongoing challenge within the bitcoin community to establish consensus on proposed upgrades; a complex process that involves numerous stakeholders, all with varying interests in the cryptocurrency's future.
Collection
[
|
...
]