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....
Related News
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....
The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong continues to diverge by actively […]
Hong Kong’s SFC has raised concerns about the rise of digital asset treasuries, companies that put crypto on their balance sheet. Hong Kong SFC Is Closely Monitoring Crypto Treasury Developments As reported by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) is keeping an eye on how firms are using crypto […]
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....