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Author Topic: [2016-06-16] F2Pool Votes on 8MB Blocks To Alleviate Bitcoin Congestion  (Read 319 times)
jdebunt (OP)
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June 16, 2016, 09:24:28 AM
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F2Pool, one of the largest Bitcoin mining pools in the world, has voted on increasing the block size to 8MB. This is the first time a Chinese pool openly acknowledges their preference for such a significant increase. An incremental increase from one MB to two MB and four MB was the original plan. But it looks like the time has come to ditch those concepts and solve this matter once and for all.

http://bitcoinist.net/f2pool-votes-on-8mb-blocks-to-alleviate-bitcoin-congestion/
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Carlton Banks
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June 16, 2016, 09:30:33 AM
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It might be time to cut these bad actors off: ASIC resistant hardfork time, that is.

If F2Pool really want their hashrate (and entire business) to evaporate, then they'll be on their own with their fork. I wonder which one the cryptocurrency free markets will pick Grin

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macbook-air
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June 16, 2016, 12:34:08 PM
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Why do you repost news >1 year old?

Carlton Banks
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June 16, 2016, 12:41:24 PM
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Aha, I didn't realise this was a necro'ed news story (and didn't click the link). As you were, ladies & gentlemen Grin


Good job, macbook-air. jdebrunt, answer macbook's question, please: why are you dredging up ancient controversial news?

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