RATE Group | Cryptocurrency News Today – Headlines for November 30
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Cryptocurrency News Today – Headlines for November 30

30 Nov Cryptocurrency News Today – Headlines for November 30

Posted at 11:19h in Cryptocurrency News by

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  • BitMEX Research tests the performance of Bitcoin
  • Bitcoin would have been dead by now if not for scalability improvements

Cryptocurrency News Today – The research division of BitMEX – one of the most popular digital currency trading platforms in the world – recently released a report about Bitcoin (BTC). The research team of BitMEX tested the performance of the Bitcoin Core by carrying out thirty-five IBDs (initial block downloads) and recording the amount of time the node takes to synchronize with the network.

Scalability Enhancements Is What Has Kept Bitcoin Alive

The results of the research showed a “consistent and considerable improvement in the software. However, it also shows a high degree of variance.” The researchers used different software versions from the period between 2012 and 2019. According to the report, older versions of Bitcoin had serious issues getting past the pickup in transaction volume between 2015 and 2016, even with the most recent computer hardware….

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