Accusations Fly as Classic Core Debate Goes Corporate
Bitcoin Classic has benefitted from anonymous hashpower donations rising to over 10 petahashes per second, while users report continuing malicious activity against nodes. An anonymous donation of 10 bitcoins to the Mining Donation Fund helped Bitcoin Classic hashpower temporarily surpass the significant 10 petahash boundary Wednesday. The fund is....
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While the war between Bitcoin Core and Bitcoin Classic enthusiasts is far from over, the entire digital currency landscape is slowly starting to change. Most people assumed bitcoin ATMs would not take sides in this debate, but it looks like a mind shift is taking place in this segment as well. A total of five Bitcoin ATM operators in North America has switched from Bitcoin Core to Bitcoin Classic, a decision affecting a total of 29 machines. Operating A Bitcoin ATM During The Block Size Debate. When thinking of a Bitcoin ATM, hardly anyone gives the concept of which wallet software....
Bitcoin Classic has been a point of controversy since its announcement. Taking on Bitcoin Core head-to-head, Classic proposes an immediate block size increase to 2 MB, with provisions for future increases. The block size debate has always been contentious, apt to erupt into name-calling and mudslinging. But now, with Core facing serious competition from Classic, this scalability issue may soon be forced to come to a head. On February 22, 2015, reports surfaced of bitcoin mining pool Multipool.us opening a pool for Bitcoin Classic. Multipool.us dedicated an entire petahash of mining power....
Following a months-long debate on how best to scale the bitcoin network to accommodate a greater number of transactions, bitcoin mining firms are voicing their support for a newly introduced proposal called Bitcoin Classic. Though a new entrant to the debate, Bitcoin Classic so far has the support of bitcoin developers including former Bitcoin Core maintainer Gavin Andresen, Bloq CEO Jeff Garzik and Ledger Journal editor Peter Rizun, among others. If adopted, Bitcoin Classic would increase the size of blocks on the bitcoin blockchain to 2MB, up from 1MB today. The proposal has created....
Bitcoin Core contributor Peter Todd was recently interviewed on episode 34 of The Bitcoin Game, and the longtime Bitcoin developer and researcher was able to explain some of the key disagreements between how the Bitcoin Classic and Bitcoin Core teams view the peer-to-peer digital cash system. While many view the Classic vs. Core controversy as nothing more than a technical debate, the reality is both camps seem to have rather different fundamental plans for the future of Bitcoin. During his recent interview, Todd noted: “I think you’ve got a group of developers with a very different view....
The Bitcoin block size debate is still in effect as we speak, and things are heating up once again between Bitcoin Core and Bitcoin Classic supporters. Now that a working client for Bitcoin Classic users has been released, various Bitcoin nodes seem to be favoring this solution over Bitcoin Core. However, the battle is far from over, as not everyone is....