Purse Launches Testnet for Bitcoin Scaling Tech ‘Extension Blocks’


A brand new component was added to the bitcoin scaling debate this week when the developer group behind startup Purse introduced the launch of a testnet to trial its scaling resolution, extension blocks.

Purse had already introduced the concepts behind extension blocks in a blog post earlier this month, however the testnet will enable customers to work together with working code for the brand new expertise, available through GitHub.

So far, the launch appears to have galvanized early supporters, drawn to the way in which that the proposal would separate the block measurement from the community’s consensus guidelines, basically permitting friends to set their very own model of the restrict.

BitPay CEO Stephen Pair, for instance, introduced that his firm can be participating in the technical evaluation of the testnet, and gave his backing to future implementation of the concept, contingent on testing.

“If it holds up to scrutiny, we may support activation on the mainnet,” Pair wrote in a Medium put up.

For those that have not been following, proponents of extension blocks see it as a method to scale community capability that can enchantment to numerous factions within the present debate, thereby constructing consensus amongst builders and mining swimming pools which have beforehand been at odds.

However, assist for extension blocks just isn’t common.

In a postto the bitcoin-dev mailing record discussing the Purse group’s preliminary extension block specification, Core developer Luke Dashjr assessed that the proposal as one that might “creat[e] a lot of additional technical debt”.

Johnson Lau, creator of an earlier extension block proposal in January, additionally warned of attainable safety dangers:

“Logically speaking if SegWit is not safe, this BIP could only be worse,” Lau wrote in an e-mail to the bitcoin-dev record.

Disclaimer: CoinDesk is a subsidiary of Digital Currency Group, which has an possession stake in Purse.

Colorful blocks image through Shutterstock

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