The block size debate may finally be over after bitcoin mining giant Bitmain announced early this morning that all its pools would begin signaling for the SegWit2X upgrade today. Also read: ViaBTC: We'll Introduce a 'Bitcoin Cash' Token if UAHF Activates Bitmain Starts Signaling for SegWit2X Bitmain made the announcement on its official Twitter at 2:48 AM EST on the … [Read more...] about Bitmain Pools Signal for SegWit2X: Bitcoin Scaling Drama Finally Over?
At The Future of Bitcoin conference in Arnhem, Netherlands, Bitsonline got the chance to speak with Bitmain founder and director Jihan Wu. The bitcoin mining tycoon shared his thoughts with us on several topics, including SegWit and the infamous ASICBOOST incident. Also read: Craig Wright Threatens Bitcoin Community in Surprise Conference Speech SegWit and ASICBOOST: … [Read more...] about Interview With Jihan Wu: SegWit, ASICBOOST and More
With around 70 percent of the Bitcoin hashing power signaling support, SegWit2x activation now looks increasingly likely. Opinions will matter less as stakeholders begin to ask practical questions about the software and how it works. Also read: AIG: Private Blockchains Will Take Over the World, Bitcoin Not Needed Of the major players, only BTCC and 1Hash have not yet … [Read more...] about As SegWit2x Looks More Likely, Bitcoin Asks What Happens Next
Bitmain, the mining giant headed by Jihan Wu, has released a blog post detailing its contingency plans to activate a privately mined user-activated hard fork (UAHF) in the event the "SegWit2x" compromise is not activated by August 1. Also read: Chamber of Digital Commerce Takes BNP Paribas, BNY Mellon on Board Hard Fork to Take On UASF Campaign The hard fork plan is in … [Read more...] about Bitmain Announces Hard Fork Plan to Stop UASF
The battle for Bitcoin intensified this week as the push for a user-activated soft fork (UASF) gained traction amidst an atmosphere of increasing hyperbole and toxicity. Also read: UASF Builds Fanbase as Stakeholders Warn Against Rush Bitcoin Core contributor Eric Lombrozo, an outspoken voice in recent times, advocated for enabling BIP 148 UASF in a blunt Medium post, … [Read more...] about Bitcoin Scaling Battle Finds No Solutions, Only Hyperbole