Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

TAC’s TVL Surges above $200M One Month after Mainnet Launch

22/08/2025

Ethereum Treasury Firms vs Ether ETFs: Why SharpLink, Bitmine Lead

22/08/2025

AI startup Rillet secures $70M Series B led by a16z, ICONIQ to transform enterprise accounting

22/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Treasury Firms vs Ether ETFs: Why SharpLink, Bitmine Lead

    22/08/2025

    New crypto whale buys $1.3B of Ether ahead of US inflation reports

    22/08/2025

    A Bold $349 Million Plunge into Ethereum

    22/08/2025

    Binance Swallows $64,000,000 in Ethereum (ETH): Details

    21/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    $3.62B Already Sold in 2025

    21/08/2025

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    20/08/2025

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    19/08/2025

    NFT market cap drops by $1.2B as Ether rally loses steam

    18/08/2025

    TAC’s TVL Surges above $200M One Month after Mainnet Launch

    22/08/2025

    Ethereum Treasury Firms vs Ether ETFs: Why SharpLink, Bitmine Lead

    22/08/2025

    AI startup Rillet secures $70M Series B led by a16z, ICONIQ to transform enterprise accounting

    22/08/2025

    Solana gains native Ethereum bridge via Across’ intents model

    22/08/2025
  • Blockchain

    Solana gains native Ethereum bridge via Across’ intents model

    22/08/2025

    Base overtakes Tron with $6.6B TVL

    22/08/2025

    Altcoin Networks with the Highest Number of Active Users in the Last Week Published – The Leader Has Changed

    22/08/2025

    Arbitrum Gaming Ventures offers Ronin 750K ARB to become Orbit chain

    22/08/2025

    Kraken, Backed bring xStocks to Tron’s $22b daily network

    21/08/2025
  • DeFi

    TAC’s TVL Surges above $200M One Month after Mainnet Launch

    22/08/2025

    Centrifuge launches tokenized real-world assets on EVM platforms

    22/08/2025

    Solana’s proprietary AMMs are reshaping liquid asset markets for users

    22/08/2025

    zkLink Joins B2 Network to Transform the Next Era of DeFi

    22/08/2025

    MetaMask Unveils mUSD Stablecoin on Ethereum and Linea, Teases Debit Card Functionality

    22/08/2025
  • Metaverse

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025
  • Regulation

    AI startup Rillet secures $70M Series B led by a16z, ICONIQ to transform enterprise accounting

    22/08/2025

    S&P 500 opens higher amid key corporate earnings, Bitcoin holds $114k

    22/08/2025

    Metaplanet stock crashes as Bitcoin treasury companies lose their lustre

    22/08/2025

    Will the Fed keep diverging from other central bank policies?

    21/08/2025

    Neel Kashkari Backs Two Rate Cuts in 2025 as Fed Signals Economic Shift

    21/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Thailand to let tourists pay in crypto

    20/08/2025

    Bitcoin Exchange Binance Announces Listing of Three New Altcoin Trading Pairs! Here Are the Details

    20/08/2025

    BTCC Exchange Announces First Sports Sponsorship with NBA’s Jaren Jackson Jr.

    20/08/2025

    Deposits and Withdrawals Cease October 15

    20/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    21/08/2025

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    20/08/2025

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    20/08/2025

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    19/08/2025

    Nasdaq-listed Bitdeer unveiled plans to expand its U.S. crypto mining rig manufacturing operations

    21/08/2025

    ‘US tariffs on mining rigs are rising sharply’ as CleanSpark, IREN report massive liabilities

    21/08/2025

    APAC Bitcoin Mining Goes Green Despite China Underground Activity

    21/08/2025

    Compass Mining Energizes Texas Bitcoin Mining Facility

    20/08/2025

    Fuze hit with fine as Dubai’s VARA spots AML failures

    21/08/2025

    Brazilian Crypto Industry Takes Action to Avoid Tax Obliteration

    21/08/2025

    U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity

    21/08/2025

    $30M scheme to buy Trump pardon for Roger Ver collapses

    21/08/2025

    TAC’s TVL Surges above $200M One Month after Mainnet Launch

    22/08/2025

    Ethereum Treasury Firms vs Ether ETFs: Why SharpLink, Bitmine Lead

    22/08/2025

    AI startup Rillet secures $70M Series B led by a16z, ICONIQ to transform enterprise accounting

    22/08/2025

    Solana gains native Ethereum bridge via Across’ intents model

    22/08/2025
  • MarketCap
NBTC News
Home»Bitcoin»Vitalik Buterin Issues Crucial Bitcoin (BTC) Statement
Bitcoin

Vitalik Buterin Issues Crucial Bitcoin (BTC) Statement

NBTCBy NBTC17/06/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In a recent blog post, Ethereum cofounder Vitalik Buterin provided an in-depth analysis of one of Bitcoin’s most contentious historical debates. Buterin’s reflections are based on his readings of two prominent books on the subject: Jonathan Bier’s “The Blocksize War,” which offers a pro-small-block perspective, and Roger Ver and Steve Patterson’s “Hijacking Bitcoin,” which advocates for the big-block viewpoint.

The Bitcoin block size war of the 2010s was a fundamental dispute over the direction and nature of Bitcoin’s scalability and utility. The central issue was whether Bitcoin should increase its block size limit from 1 MB to accommodate more transactions, thereby reducing fees, or maintain smaller blocks to ensure that running a node remains accessible to more users, preserving decentralization.

Small blockers vs. big blockers

Jonathan Bier’s “The Blocksize War” emphasizes the small blockers’ view. It argues that larger blocks would make it prohibitively expensive and technically challenging for individuals to run nodes, leading to centralization. Small blockers believed that changes to Bitcoin’s protocol, especially through hard forks, should be rare and achieve broad consensus among users.

Conversely, Roger Ver and Steve Patterson’s “Hijacking Bitcoin” captures the big blockers’ stance. They saw Bitcoin as digital cash, not just digital gold, and believed that low transaction fees were essential for its use as a global payment system. The big blockers supported increasing the block size to maintain low fees, arguing that Bitcoin’s original vision, as outlined in Satoshi Nakamoto‘s whitepaper, was being sidelined.

Buterin’s perspective

Vitalik Buterin introduced the concept of a “one-sided competence trap,” where one side of a debate monopolizes technical competence, using it to push a narrow agenda. Meanwhile, the opposition, though correct on the fundamental issue, fails to develop the necessary competence to execute their vision.

This dynamic, according to Buterin, was evident in the block size war, with small blockers maintaining technical control while big blockers struggled to implement their ideas effectively. Buterin stressed that the ultimate solution to such political and technical stalemates lies in new technologies that can satisfy both sides.

He pointed to Ethereum’s embrace of technologies like ZK-SNARKs and BLS aggregation as examples of how innovative solutions can enhance scalability and decentralization simultaneously. He expressed hope that Bitcoin would adopt a more tech-forward approach. The development of new layer-2 solutions like Inscriptions and BitVM could pave the way for a more scalable and decentralized Bitcoin ecosystem.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

TAC’s TVL Surges above $200M One Month after Mainnet Launch

22/08/2025

Ethereum Treasury Firms vs Ether ETFs: Why SharpLink, Bitmine Lead

22/08/2025

AI startup Rillet secures $70M Series B led by a16z, ICONIQ to transform enterprise accounting

22/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.