1600 members of Seoul’s Bitcoin Meetup have approved an open letter condemning SegWit2x.
F2Pool becomes the latest company to withdraw from the SegWit2x plan, makes contentious hard fork much less likely to succeed.
The SegWit2x Bitcoin scaling proposal has always gotten a lot of attention. That is not necessarily for the right reasons, mind you. A lot of people still oppose this concept first and foremost. It now turns out F2Pool is the first mining pool to officially back out from supporting this solution. An unsurprising turn of […]
The future of the hard fork looks increasingly shaky as F2pool signals it has stopped supporting SegWit2x.
Controversial scaling proposal, Segwit2x has lost Chinese mining pool, F2Pool’s support over its timeline for a 2MB hard fork.
At approximately 00:06:48 UTC today, July 20, at block height #476768 the bitcoin network finished the BIP91 lock in period and entered a new phase in order to activate the protocol Segregated Witness (Segwit). Now during the lock-in period, there will be another 336 blocks, until Segwit will be activated on Bitcoin’s main network. Also read: Predicting the […]
In the world of cryptocurrency, we often see allegations of foul play. Most of the time, these claims are unfounded and based on nothing but mere speculation. One of such accusations revolves around F2Pool and the Status ICO. Some people claim the mining pool bought heavily into this ICO and prevented the rest of Ethereum […]
As the August 1 deadline draws near, f2pool becomes the next company to voice support for scaling.
Something is wrong with the Litecoin hashrate distribution.To be more specific, F2Pool currently controls 52.4% of the entire mining hashrate. Earlier today, that number was closer to 56%. It is unclear what is happening exactly, although it seems the situation will be rectified soon. It looks as if someone directed a lot of ASIC mining […]
On April 27 the startup Parity Technologies announced the release of a new protocol stack using a new implementation of the Bitcoin software. The ‘Parity Bitcoin’ client is written in Rust adding one more alternative implementation to the Bitcoin ecosystem. Also read: There’s a Big Difference Between Electronic Fiat and Cryptocurrency Another Version of the […]
The ongoing bitcoin scaling discussions has taken yet another interesting turn. F2Pool, one of the largest mining pools in the world, successfully mined its first SegWit signaling block. That is rather interesting, as the pool owner opposed SegWit for the longest time. It appears reaching the activation threshold on the litecoin network made him change […]
Scaling of Bitcoin Network has been long due, thanks to various issues regarding consensus between the core developers and other community members. But now, things appear to be slowly resolving themselves amid controversies as Bitcoin Core’s scalability option- SegWit receives more support from the mining community. According to available information, the third largest Bitcoin mining […]
Major mining pool F2Pool has formally announced SegWit support, saying block size increases can be for “future discussions.”
The world’s third largest Bitcoin mining Pool F2Pool finally decides to support Bitcoin Core’s Segregated Witness (SegWit) on both Bitcoin and Litecoin.
Earlier today, Wang Chun, the owner of F2Pool, the second largest Bitcoin mining pool in the world, clarified that he was never against the activation of Bitcoin Core’s Segregated Witness (SegWit) on Litecoin.