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Topic: The 20 MB Miner War That Could Destroy Bitcoin - page 2. (Read 1986 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
In fact, some Chinese pools are proposing 8MB block (as stated here) and I have stated how it will waste our hard disk space. This will scare off some newcomers, as well as their purchasing powers to bitcoin. The price will be affected, to the negative extent.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Shitty article for more than one reason. It's not US vs China, there are no arguments to support that, and to say that it could "destroy bitcoin" is just straight on retarded.
If the XT fork with bigger blocks is to happen, it will be activated only if the 90% of the network agrees, regardless of the geo location, so this article was overpumped by dumb claims
in order to sell the news and feed the trolls to spread more FUD. I expected more from cointelegraph, but i guess anyone can be an article writer these days.

cheers
legendary
Activity: 3248
Merit: 1070
chinese miners are so heavily invested and depended on bitcoin, that they will not shoot to their own legs..at least I hope, that they are smart enough.

they are, because another article is talking about how they are accepting a 8MB fork instead of the 20MB

it was expected i guess, they cannot ignore the problem forever
legendary
Activity: 896
Merit: 1000
it's all about money. no matter where the miners comes from, they are looking for profit. no one wants to destroy bitcoin while they can make good money.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Chinese miners are okay with bigger blocks. no problem here, just a FUD article.
sr. member
Activity: 462
Merit: 250
No. I seriously doubt that Chinese miners and community will try to reject changes and impose to stay with 1 MB block limit, they want to earn money from bitcoin, not trash it.
They are barking but they will swallow it, after all this split would mean that bitcoin price would go to hell, and then - we all lose.
Only Chinese miners not the community. They may reject, they only take care of their profit.
legendary
Activity: 1036
Merit: 1001
/dev/null
chinese miners are so heavily invested and depended on bitcoin, that they will not shoot to their own legs..at least I hope, that they are smart enough.
legendary
Activity: 1400
Merit: 1001
No. I seriously doubt that Chinese miners and community will try to reject changes and impose to stay with 1 MB block limit, they want to earn money from bitcoin, not trash it.
They are barking but they will swallow it, after all this split would mean that bitcoin price would go to hell, and then - we all lose.
newbie
Activity: 45
Merit: 0

The issue of Bitcoin block size is coming to a head within a matter of days.
Could a battle over block size between Western businesses and Eastern
miners leave Bitcoin in danger of self-destruction?

Does the problem really exist? Does the article exaggerate the danger of the situation?
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