Tag: scaling

BitGo Engineer Jameson Lopp in SWAT Team Fiasco No Comments

Jameson Lopp, the outspoken Bitcoin commentator and BitGo engineer, has fallen victim to what appears to be an incident of "swatting". He suspects he may have been targeted for his views on the New York Agreement signed this summer which, if  enacted upon, will result in a second hard fork of the Bitcoin blockchain. Swatting, for those unaware, is a more extreme version of a classic teenage prank...


F2Pool is the First Mining Pool to Back out of Supporting SegWit2x No Comments

The SegWit2x Bitcoin scaling proposal has always gotten a lot of attention. That is not necessarily for the right reasons, mind you. A lot of people still oppose this concept first and foremost. It now turns out F2Pool is the first mining pool to officially back out from supporting this solution. An unsurprising turn of events, really, as it seems pool operator Wang Chun never supported the hard f...


viabtc, bitcoinabc, bitcoin, bip148

ViaBTC Creates BCC/CNY Pair, Prepares for Eventual BitcoinABC Fork No Comments

The Bitcoin community has been experiencing lots of uncertainty in the past few months, thanks to the discord between the development community and others regarding scalability solutions. The attempt to activate SegWit and its opposition with an alternative solution by the rival camp threatened to fork Bitcoin into two separate cryptocurrencies, while rest of the community braced for disruption of...


SegWit2x Beta Protocol and new UAHF Proposal Have Been Released No Comments

Bitcoin enthusiasts are keeping a close eye on SegWit2x. This scaling proposal now finally has a beta protocol, which was introduced on Saturday. It is evident the team still plans to go ahead with their user-activated hard fork. At the same time, a new UAHF proposal is making the rounds, known as Bitcoin ABC. It is evident the scaling debate is far from over. The coming weeks will be quite intere...


NewsBTC EMergent Consensus Bitcoin

SegWit2x and SegWit Support Officially Surpass Emergent Consensus No Comments

The world of Bitcoin scaling solution has seen another intriguing development. Over the past few months, multiple solutions have competed to be the winner. It now appears this debate is finally coming to a much-needed end. SegWit2x is at 84.9% support, and SegWit surpassed 42%. It is evident Emergent Consensus is no longer relevant at this stage. Extension blocks never even managed to gain any sig...


SegWit2x Inches Closer Toward 80% Network Hashrate Support No Comments

When SegWit2x was first announced, people doubted this solution. More specifically, they were uncertain if the solution would reach the required 80% network hashrate threshold. It now appears this level is well within reach. The latest pool to signal SegWit2x is none other than BTCC. Things are looking quite positive for this solution, to say the least. It is quite interesting to see SegWit2x ...


Bitcoin Mempool is Virtually Empty as Community Anticipates Scaling Resolution No Comments

Over the past few months, we have seen multiple issues affect the Bitcoin network. More specifically, network congestion has been a massive problem so far. Interestingly enough, it appears the Bitcoin transaction mempool is nearly empty right now. Not too long ago, we had around 200,00 unconfirmed transactions stuck in limbo for several days. With the end of the scaling debate nearing, it seems th...


NewsBTC Eric Lombrozo Bitmain

Eric Lombrozo Issues A Stong Warning to Bitmain To “Get With The Program” No Comments

It is evident there are quite a few different opinions on the future of Bitcoin. Eric Lombrozo recently issued some very strong comments regarding this situation. In fact, he feels Bitmain needs to "fall in line" regarding the scaling of Bitcoin. A very interesting tweet, although it will undoubtedly unleash a flurry of insults among Bitcoin users. Eric Lombrozo Is Worried About Bitmain It is e...


Barry Silbert Hints At Growing Support For Imminent Bitcoin Scaling Solution No Comments

It appears we may be getting closer to scaling Bitcoin than originally assumed. That is, if Barry Silbert is to be believed. He has been going on about miners supporting a "scaling compromise" as of late. In one of his recent tweets, that support has grown to over 70%. However, very few people know what he is talking about right now. It is evident something needs to happen sooner rather than later...


Around 6% Of all Network Nodes Signal For Bitcoin UASF, But Can it Succeed? No Comments

Scaling Bitcoin remains a very contested topic of discussion right now. Over the past two months, some people started pledging support for the UASF. Given the recent success of other assets implementing SegWit, it is evident something needs to happen. A chain split is still a possibility for Bitcoin, although it is best to avoid that altogether. Unfortunately, UASF support still only sits at 6%. ...


SUBSCRIBE TO OUR NEWSLETTER