ViaBTC And Roger Ver Have No Interest In Blocking SegWit
Overall, the Bitcoin community seems happy about this development, even though it is not exactly news. An exciting development has taken place in the world of Bitcoin and cryptocurrency. ViaBTC and Roger Ver have seemingly indicated they are not interested in blocking SegWit. This news came as quite a surprise, as the majority of Bitcoiners seemed to think otherwise. This does not mean SegWit will suddenly get activated on the network overnight either, though. To put this “news” into perspective, neither ViaBTC nor Roger Ver has any interest in blocking SegWit. In fact, they made that....
Related News
ViaBTC, which now controls around 15% of the network hashrate in combination with Roger Ver’s Bitcoin Unlimited pool, has called for a hardfork to upgrade bitcoin’s transaction capacity. “Drop the matter of SegWit, let’s hard fork together,” followed by a resounding no to the question of whether there is anything core could do to make ViaBTC support segwit, are just some of the public statements made by the new pool that has suddenly taken the fourth position in network hashrate distribution. I reached out to better understand the seemingly changing alignments in the great debate by asking....
The latest debate on Bitcoin scalability had Roger Ver and others arguing about whether SegWit is the right approach to expanding and scaling Bitcoin network. What’s the future of Bitcoin? That’s the question on top of the Bitcoin community members’ minds, especially with the whole scalability discussion still going on. One of the scalability solutions presented by the Bitcoin Core is SegWit. The Segregated Witness soft fork is expected to enable Lightning Network, which is already being worked upon by few developer groups. While some believe that SegWit and Lightning Network will ensure....
When asked why they do not increase the 100 tx limit, ViaBTC replied how they need the fee to make this service possible. The ViaBTC Transaction Accelerator has proven to be quite a successful service over the past few months. One downside to this system is how only 100 transactions can be boosted every single hour. In a recent tweet, the company complains about how they are hitting this glass ceiling nearly every hour. It would be better if such a service is not needed in the first place. The only reason why the ViaBTC Transaction Accelerator is popular is due to recurring network....
Last week, Bitcoin Core version 0.13.1 was released, officially bringing Segregated Witness (SegWit) to Bitcoin. 4 days in, 13.7% of Bitcoin nodes has already upgraded to Bitcoin Core 0.13.1, supporting the activation of SegWit. SegWit is an innovative scaling technology developed and introduced by the Bitcoin Core development team. Once it reaches a soft fork activation threshold, it will separate the transaction signatures from the initial transactional data, which immediately increases the capacity of blocks and eliminate transaction malleability. Like all soft forks, the SegWit release....
At the Blockchain Money Conference in London held yesterday and today, after an enthusiastic presentation on Bitcoin’s benefits, specifically focusing on its ability to increase economic freedom which, according to Roger Ver’s presentation, increases incomes, lowers mortality rates, decreases wars “overall”, among other benefits, Roger stated in response to a question that his biggest disappointment was Core’s take on scalability as it did not “keep up with consumer demand.” Roger stated that he questioned “the morals of the people who have come up with [segwit]” before adding that we....