[2016-01-22] F2Pool Welcomes Bitcoin Classic Hard Forking Solution But Does Not

[jdebunt]

The ongoing Bitcoin block size debate is causing a fair bit of controversy and concern within and outside of the Bitcoin community. Even though everybody wants to see an overwhelming consensus support for either Bitcoin Core or Bitcoin Classic, a lot of the “voting power” lies with the Chinese mining pools. Whereas a few people misinterpreted support for Bitcoin Classic by F2Pool and HaoBTC, it turns out the final verdict still far away.

http://www.newsbtc.com/2016/01/22/f2pool-welcomes-bitcoin-classic-hard-forking-solution-but-does-not-actively-support-it/

[Eric Mu]

The ongoing Bitcoin block size debate is causing a fair bit of controversy and concern within and outside of the Bitcoin community. Even though everybody wants to see an overwhelming consensus support for either Bitcoin Core or Bitcoin Classic, a lot of the “voting power” lies with the Chinese mining pools. Whereas a few people misinterpreted support for Bitcoin Classic by F2Pool and HaoBTC, it turns out the final verdict still far away.

http://www.newsbtc.com/2016/01/22/f2pool-welcomes-bitcoin-classic-hard-forking-solution-but-does-not-actively-support-it/

The reason that the Chinese mining community backtracked, based on what I heard, is the 75% blocks adoption "activation trigger" proposed by Classic. Many believe that this is too low and can cause Bitcoin to "split".