You are viewing a single comment's thread from:
RE: Short term XRP dump is significant in that it demonstrated the effect of Bitcoin's support level.
In June of 2017, a group of Bitcoin developers at Blockstream published a set of upgrades to their open source code. One such change they made was to increase the block size limit from 1MB to 8MB. This was in response to recent events which had led to increased congestion on the Bitcoin network, making it difficult for users with low-bandwidth data plans to use the currency successfully.