Samson Mow Claims Chinese Bitcoin Scalability Event Was A Marketing Stunt
While these words should always be taken with a grain of salt, a bigger problem is highlighted by this statement. A recent bitcoin meetup in China was supposed to be about addressing scalability. This topic has been kicked around for quite some time now, yet there is no solution in sight. Samson Mow took to Twitter and explained how this meeting was not about on-chain scaling. Instead, he called it a “social and marketing event” organized by Bitmain. There have always been different opinions on any event taking place discussing Bitcoin scalability. The majority of these meetings have been....
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Samson Mow is the Chief Operating Officer of Chinese Bitcoin exchange, wallet service and mining pool BTCC. A successful executive in the video game industry, Mow joined the Bitcoin company run by his friend and CEO Bobby Lee as an adviser last year, and has gotten further involved with the company ever since. Mow has actively engaged himself in the block size dispute over the past months. He played a key role in realizing both the Bitcoin Roundtable letter, as well as the Hong Kong Roundtable Consensus. But his real claim to fame in the Bitcoin space might actually have been a series of....
Bitcoin infrastructure developer Samson Mow announced progress on favorable Bitcoin legislation in three locales around the world.
BTCC COO Samson Mow: Without Consensus on Block-size Limit, Stakeholders Might Implement an Increase
BTCC Chief Operating Officer Samson Mow indicated that the leading Chinese mining pool and exchange supports an incremental increase of Bitcoin's block-size limit to 8 megabytes in order to buy time for alternative solutions to be developed. Moreover, Mow believes the Bitcoin industry might opt to raise Bitcoin's block-size limit even if no consensus is found among the Bitcoin Core development community. "If there is no consensus soon, I could see a situation where stakeholders make a decision to implement a small increase," Mow said. "Without bigger blocks, a fee market will develop,....