Bitcoin Forum
May 12, 2024, 09:46:20 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-01-22] F2Pool Welcomes Bitcoin Classic Hard Forking Solution But Does Not
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: [2016-01-22] F2Pool Welcomes Bitcoin Classic Hard Forking Solution But Does Not  (Read 289 times)
jdebunt (OP)
Legendary
*
Offline Offline

Activity: 1596
Merit: 1010


View Profile WWW
January 22, 2016, 01:56:30 PM
 #1
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/
1715550380
Hero Member
*
Offline Offline

Posts: 1715550380

View Profile Personal Message (Offline)

Ignore
1715550380
1715550380
Reply with quote  #2
1715550380
Report to moderator
1715550380
Hero Member
*
Offline Offline

Posts: 1715550380

View Profile Personal Message (Offline)

Ignore
1715550380
1715550380
Reply with quote  #2
1715550380
Report to moderator
1715550380
Hero Member
*
Offline Offline

Posts: 1715550380

View Profile Personal Message (Offline)

Ignore
1715550380
1715550380
Reply with quote  #2
1715550380
Report to moderator
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715550380
Hero Member
*
Offline Offline

Posts: 1715550380

View Profile Personal Message (Offline)

Ignore
1715550380
1715550380
Reply with quote  #2
1715550380
Report to moderator
1715550380
Hero Member
*
Offline Offline

Posts: 1715550380

View Profile Personal Message (Offline)

Ignore
1715550380
1715550380
Reply with quote  #2
1715550380
Report to moderator
Eric Mu
Sr. Member
****
Offline Offline

Activity: 471
Merit: 500


View Profile
January 24, 2016, 09:23:40 AM
 #2
Quote from: jdebunt on January 22, 2016, 01:56:30 PM
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".
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-01-22] F2Pool Welcomes Bitcoin Classic Hard Forking Solution But Does Not
« previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!