Topic: [2016-01-22]F2Pool Welcomes Bitcoin Classic Hard Forking Solution (Read 363 times)
i am sure this all is done to push the bitcoin core developers to hurry with their solution to end this drama. as far as i know is the majority of the chinese mining farms still strongly supporting the original core client. the earlier we get our much wanted block size increase from the core developers, the earlier we can leave this destructive drama behind us.
January 22, 2016, 08:43:40 AM
There's no denying the Bitcoin block size will need to be increased, as even the Chinese mining pools are in agreement with that statement. Whether this will happen through a hard fork or soft fork, remains to be seen, though.
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.
Similar to just about any Bitcoin community member, all of the mining pools powering the digital currency ecosystem would love nothing more than to see a clear path of development. The Bitcoin block size debate has been going on for several months now, and it has taken far too long to come to a proper consensus regarding this matter.
Things only become even more worrying when certain individuals paraphrase certain statements by a Chinese mining pool operator. F2Pool, which controls roughly 25% of the entire Bitcoin network hashpower, welcomed the options proposed by Bitcoin Classic developers. But at the same time, a few people saw this as a vote of confidence for that particular Bitcoin proposal, and how F2Pool would support Bitcoin Classic when push came to shove.
Nothing could be further from the truth, however, as F2Pool never openly indicated their support for Bitcoin Classic. Trouble start on Reddit when a post by F2Pool operators was looked upon as a way to enforce Bitcoin Classic upon the people mining there.Furthermore, that message clearly stated how the mining pool “welcomed” the Bitcoin Classic solution, but never mentioned how they will be actively supporting it.
The list of Bitcoin Classic supporters has grown quite long and includes Antpool, HaoBTC, Genesis Mining, Bitfury, and various other mining companies. However, most of the big mining pools are either in favor of Bitcoin Core or remain on the fence until we get closer to reaching a decision.
It is in the best interest of every Bitcoin mining pool out there to keep an open mind towards both Bitcoin Core and Bitcoin Classic. Even though history is not favorable towards solutions that are not Bitcoin Core, it is ultimately up to the entire community to determine which solution has their preference. No one is knocking down the efforts by either project, as they both have their merits. If only all of that development work were put into one solution everybody could agree upon; things would look far better by now.
Read more : http://www.newsbtc.com/2016/01/22/f2pool-welcomes-bitcoin-classic-hard-forking-solution-but-does-not-actively-support-it/
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.
Similar to just about any Bitcoin community member, all of the mining pools powering the digital currency ecosystem would love nothing more than to see a clear path of development. The Bitcoin block size debate has been going on for several months now, and it has taken far too long to come to a proper consensus regarding this matter.
Things only become even more worrying when certain individuals paraphrase certain statements by a Chinese mining pool operator. F2Pool, which controls roughly 25% of the entire Bitcoin network hashpower, welcomed the options proposed by Bitcoin Classic developers. But at the same time, a few people saw this as a vote of confidence for that particular Bitcoin proposal, and how F2Pool would support Bitcoin Classic when push came to shove.
Nothing could be further from the truth, however, as F2Pool never openly indicated their support for Bitcoin Classic. Trouble start on Reddit when a post by F2Pool operators was looked upon as a way to enforce Bitcoin Classic upon the people mining there.Furthermore, that message clearly stated how the mining pool “welcomed” the Bitcoin Classic solution, but never mentioned how they will be actively supporting it.
The list of Bitcoin Classic supporters has grown quite long and includes Antpool, HaoBTC, Genesis Mining, Bitfury, and various other mining companies. However, most of the big mining pools are either in favor of Bitcoin Core or remain on the fence until we get closer to reaching a decision.
It is in the best interest of every Bitcoin mining pool out there to keep an open mind towards both Bitcoin Core and Bitcoin Classic. Even though history is not favorable towards solutions that are not Bitcoin Core, it is ultimately up to the entire community to determine which solution has their preference. No one is knocking down the efforts by either project, as they both have their merits. If only all of that development work were put into one solution everybody could agree upon; things would look far better by now.
Read more : http://www.newsbtc.com/2016/01/22/f2pool-welcomes-bitcoin-classic-hard-forking-solution-but-does-not-actively-support-it/
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