China's Miners Heat Up Debate at Scaling Bitcoin Hong Kong
If the goal of the second Scaling Bitcoin conference was to highlight an "emerging consensus" on the challenges facing the bitcoin network, the day's panels served mostly to highlight the sometimes extreme differences in opinion that remain between key stakeholders in the technology's open-source community. Held in Hong Kong's Cyberport district, day one of Scaling Bitcoin found speakers debating more freely the variety of proposals for how transaction processing on the bitcoin network should be increased, with presenters often weighing on their preferred path forward. Given the venue of....
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The Scaling Bitcoin workshops are gearing up for their second phase. After the initial conference in Montreal in September, Bitcoin's engineering and academic community will gather in Hong Kong later this week to discuss how best to scale up the network to allow for more than a handful of transactions per second. To get a feel for what to expect from the workshop, Bitcoin Magazine spoke with Pindar Wong, co-founder of Hong Kong's first licensed ISP and the Scaling Bitcoin Hong Kong planning committee chair, and MIT Digital Currency Initiative's Neha Narula, Scaling Bitcoin Hong Kong....
Over the past few weeks, community-driven Bitcoin statistics and services provider Coin Dance conducted a survey to analyze the stance of the Bitcoin community on the Bitcoin block size debate. Approximately 64% of Bitcoin users that participated in the survey voted for the increase of the block size limit. Scaling the Bitcoin network. Since the Bitcoin Roundtable Consensus in Hong Kong held in February 2016, a lot of Bitcoin users, miners, companies, and investors have demanded for the increase of the Bitcoin block size. Miners and companies that participated in the Hong Kong conference....
A conference series started as a bid to better unite and focus the bitcoin development community in the wake of serious technical debates will see a third installment in 2016. Following two meetings in Montreal and Hong Kong last year, Scaling Bitcoin will host its next event in Milan, Italy, from 8th to 9th October, organizers announced over the weekend. Called "Scaling Bitcoin 2016: Retarget", the name is a nod to a part of the bitcoin mining process whereby miners adjust to new difficulties. The name is apt as the announcement comes in the wake of the bitcoin halving, a....
Hayes says the next crypto bull run will be tied to when China embraces the crypto market again, and Hong Kong could be the gateway for this to happen. Arthur Hayes, the former CEO of crypto derivatives giant BitMEX, believes the next crypto bull run will start when China moves back into the market, and Hong Kong has a vital part to play in this process. In his Oct. 26 blog post titled "Comeback", Hayes outlined why he thinks the Hong Kong government's announcement about introducing a bill to regulate crypto is a sign China is trying to ease its way back into the market. This could be....
There’s been quite a bit of discussion concerning the block size debate again with the recent Scaling Bitcoin event in Hong Kong. Many BIP proposals and concepts were brought to the public’s eye by a few engineers working on Bitcoin’s code. One of the ideas called “Segregated Witness” was brought to the table at the conference by developer Pieter Wuille,....