Slush Pool to Let Hashers Vote on Segregated Witness Activation: “Mining Pools Should Remain Neutral”
Bitcoin’s oldest mining pool, Slush Pool, will let its miners vote on the Segregated Witness soft fork proposed by Bitcoin Core. By passing this choice down to individual miners that connect to the pool (sometimes also referred to as “hashers”) Slush Pool hopes to remove itself as a decision maker from the equation. Speaking to Bitcoin Magazine, Slush....
Related News
One thing people have to keep in mind is how Segregated Witness has an actual expiration date. Now that SegWit activation signalling has begun, it will be interesting to see which pools support Bitcoin Core. On the first day, support is quite lacklustre, with only three pools in favor. The vast majority of pools have not expressed their preference yet, and there is still a long way to go. But it goes to show reaching 95% consensus is not only doubtful, it is highly unrealistic Whether or not one favors SegWit over anything else, a block size solution has to be formed. So far, BTCC,....
Slush Pool, a Czech-based Bitcoin mining pool accounting for 6 percent of hashing power on the Bitcoin network, indicates it will re-enable connected miners to vote for a block-size increase through BIP (Bitcoin Improvement Proposal) 101. Slush Pool was the first mining pool on the Bitcoin network to allow miners to vote for BIP 101, but recently suspended this option due to sustained DDoS attacks on its servers. Speaking to Bitcoin Magazine, Slush Pool operator Marek Palatinus said: "We're strengthening our infrastructure and we plan to enable BIP 101 mining again." The block-size dispute....
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November. The Taproot upgrade has achieved the first significant milestone on the road to activation as 90% of the Bitcoin (BTC) mining hash rate signaled for the protocol improvement within the current difficulty epoch.Data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, shows the lock-in stage is now completed.All recognized mining pools signaled for the upgrade with Slush Pool being the first to do so. It is perhaps fitting that....
Yesterday, March 1, 2016, bitcoin mining pool Slush Pool released a voting switch to let users vote on which Bitcoin protocol they want to dedicate their hashing power to. Although the overwhelming majority of Slush Pool users haven’t voted yet, the ones who have voted have given Bitcoin Classic a huge lead over the other choices. The pool gave its users....
Litecoin’s problematic course towards Segregated Witness (SegWit) activation has ended in an unusual display of unity. Litecoin Roundtable: We ‘Unanimously Agree’ On SegWit Activation. Following a meeting of Chinese cryptocurrency players including exchanges and miners, a consensus was reached on activating SegWit despite some participants having previously been against the idea. The so-called Litecoin Global Roundtable included Litecoin creator Charlie Lee, exchanges Huobi and Okcoin and formerly anti-SegWit mining pool Bitmain. Summarized minutes released from the meeting confirm that....