F2Pool Threatens To Withdraw Consensus Support Over Adam Back Allegations
For those people who were under the impression the Bitcoin block size debate was over, you are sadly mistaken. That being said, things are getting interesting, as F2Pool announced they will withdraw support from the February 21 roundtable consensus unless things are sorted out on the Adam Back front. There is never a dull day in the world of Bitcoin politics; that much is certain. Adam Back and Blockstream. Various Bitcoin community members have been claiming how Blockstream is planning to drive Bitcoin Core development in a different direction than was originally envisioned by Satoshi....
Related News
The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards. F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards."The allegations came from an Aug. 5 paper from researchers at The Hebrew University, claiming the mining pool has been engaging in a "consensus-level" attack on Ethereum over the last two years to gain an edge over "honest" miners. However, Wang on Twitter responded by....
About a week ago, at the NYC Consensus conference I was fortunate enough to get to spend four hours over dinner with Adam Back of Blockstream, and Kristov Atlas of Blockchain.info My Dinner with Adam Back. I’ll do my best to summarize the topics of conversation over those four hours, although I’m sure I will miss some important points. Firstly, Adam....
F2Pool, a Chinese mining pool also referred to as Discus Fish, which holds the largest share of the Bitcoin network’s hashrate at 26%, has been experiencing a series of extreme DDoS attacks. Behind the DDoS attack. The attacks began to target the F2Pool Bitcoin mining pool almost immediately after the F2Pool team announced their decision to “test” Bitcoin Classic by launching a subpool in which miners can mine Bitcoin Classic blocks. Peter Todd and other Bitcoin experts requested the hackers and the individuals behind the series of DDoS attacks to terminate them immediately, as they are....
The Bitcoin block size debate has taken another interesting plot twist in the past few hours. F2Pool, one of the largest Chinese Bitcoin mining pools in the world, has announced they support the hard fork for an increased 2MB block size. While the post on BitcoinTalk is a weird translation from Chinese to English, it looks like F2Pool might be attempting to push people to accept the Bitcoin hard fork. Not a great move in the Bitcoin mining industry if this were to be the case. F2Pool Statement is Quite Worrying To Say The Last. Certain aspects of a statement can tend to get lost in....
There's no denying the Bitcoin block size will need to be increased, as even the Chinese mining pools are in agreement with that statement. Whether this will happen through a hard fork or soft fork, remains to be seen, though.The ongoing Bitcoin block size debate is causing a fair bit of controversy and concern within and outside of the Bitcoin community. Even though everybody wants to see an overwhelming consensus support for either Bitcoin Core or Bitcoin Classic, a lot of the “voting power” lies with the Chinese mining pools. Whereas a few people misinterpreted support for Bitcoin....