Sunday, March 26, 2017

Forking is Easy, Maintaining Bitcoin Unlimited is Hard: Andreas Antonopoulos

Forking is Easy, Maintaining Bitcoin Unlimited is Hard: Andreas Antonopoulos

Bitcoin and security expert Andreas Antonopoulos noted that the execution of a hard fork solution like Bitcoin Unlimited isn’t necessarily the difficult stage of development. The challenging task is maintaining and running the software without coming across major security threats and internal bugs.

Over the past few weeks, an increasing number of miners in China have begun to show their support toward Bitcoin Unlimited. Most notably, Bitmain’s Jihan Wu, who operates the largest mining pool in terms of hashrate, switched to Bitcoin Unlimited and led various controversial discussions over the Bitcoin Core development team’s Segregated Witness and the impact of off-chain transactions on miner profitability.

Chandler Guo, another key figure in the Chinese mining scene, announced his support for Bitcoin Unlimited and told the community that he will personally try to convince other miners within the region including BW and XBTC to join the Bitcoin Unlimited family.

The move of miners in China toward Bitcoin Unlimited and their opposition to Core’s cautious approach toward bitcoin development is separating the industry and community into two.

Full story at http://bit.ly/2n6gmHV

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