Day one of Scaling Bitcoin Hong Kong saw debate on proposals aiming to increase the power of the bitcoin blockchain. Given the venue, the technology's cultural divide was on full display, as panels found bitcoin's largely Western development community and China-based mining industry sometimes struggling to communicate.
The price of bitcoin topped $400 on the CoinDesk USD Bitcoin Price Index today, its highest value over the last four weeks. The latest price escalation follows what has been a strong end of the year for the digital currency, which traded for under $200 as recently as January.
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