Bitcoin XT Price

Bitcoin XT is an open-source, peer-to-peer cryptocurrency designed to introduce alternative transaction processing rules aimed at enhancing the functionality of the Bitcoin network. It stands out as a notable fork of Bitcoin Core, initiated with the intention of increasing the block size limit. By doing so, Bitcoin XT sought to process more transactions simultaneously, alleviating congestion on the network.

The initial motivations behind Bitcoin XT were focused on improving user experience and transaction speeds. However, this ambition was not without controversy. Debates over the proposed changes sparked deep rifts within the Bitcoin community, illuminating differing visions on how to sustain and scale the world's first cryptocurrency. Although Bitcoin XT garnered significant attention and support early on, it struggled to maintain its momentum, ultimately leading to its declining use in the subsequent years.