With the commonly acknowledged lack of general consensus in the notorious block size debate, the community may eventually face unexpected legal problems in case a hard fork is implemented, according to Daniel Friedberg, head of an American law company Riddell Williams PS.
China-based F2Pool, the world’s second largest miner in terms of capacity, confirmed it rejected the original idea of supporting Bitcoin Classic as a possible solution for block size scaling, and stuck with Bitcoin Core. The same decision was made by another Chinese miner HaoBTC. Its spokespersons state Chinese miners mostly side with Bitcoin Core. The […]
Surprisingly for many bitcoin community members, Jonathan Toomim’s Bitcoin Classic proposal has garnered support from as much as 72% of the network’s mining capacity. With the consensus threshold set at 75%, the proposal is very likely to become active in no time.
Former Bitcoin Core developer and one of bitcoin’s earliest adopters Mike Hearn stated he abandoned digital currency ecosystem as it suffers from a massive crisis.
The infamous block size debate has launched a tidal wave of concerns and controversies. While major players express their support for various BIP’s, and no consensus about the matter is on the table as yet, the community rages about unprecedented censorship occurences related to the matter. Bitcoin.org has recently removed Coinbase from the site after […]