Bitcoin Classic: A New Hope following the Revenge of the HearnSurprisingly 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.
Jonathan Toomim is an American miner and developer. In the heat of the block size debate he came up with a possible solution thereto, however, none of his findings seemed to appeal to the community. Unlike other developers, however, Toomim went to China himself, interacted with local miners, and held an informal survey in order to find out what block size might seem appropriate. Having discovered that 2 MB is quite sufficient for the purposes of the project, he collaborated with Bitcoin Core’s former lead developer Gavin Andressen and Jeff Garzik, authors of the most non-conservative BIP’s available so far, and many others in developing Bitcoin Classic features and further amendments.
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