Bitcoin Exchanges “Seriously Considering” Funding a Competitor – Gavin Andresen

Bitcoin Exchanges “Seriously Considering” Funding a Competitor – Gavin Andresen

Gavin Andresen, Chief Scientist at the Bitcoin Foundation and Lead Developer of Bitcoin until 2014, held an extensive Q&A session with the Chinese bitcoin community yesterday. Answering a range of questions from a diverse array of topics, the session focused on the most pressing issue in bitcoin, transaction capacity. Acknowledging the Beijing meeting between miners and industry in a number of answers, Andresen’s response to what seems to be the biggest worry, the co-existence of two-chains, was: “BIP109 does not hard fork at 75%, it hard forks 28 days after 75% has been reached– so....


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