20 Mar '17, 12pm

Bitcoin Unlimited: Mining Power Should Determine Hard Fork Outcome

Bitcoin Unlimited: Mining Power Should Determine Hard Fork Outcome

Despite escalating fears that bitcoin could soon undergo a long and messy software upgrade, a developer group at the center of the debate took steps today to allay fears that such an event would be disruptive to the market. In statements to CoinDesk, the Bitcoin Unlimited software development team, one of several groups seeking to introduce alternative software to the network, said today that it is encouraging bitcoin exchanges to list whichever blockchain is backed by most proof of work as 'BTC', the common designation for bitcoin. "We at Bitcoin Unlimited are promoting ... improvements to bitcoin's anti-fragility qualities through further decentralization. One aspect of this is removing central planning from block size economics," the statement reads. It continues: "In the unlikely case of a blockchain split, we are not terribly concerned what exchanges decide to list th...

Full article: http://www.coindesk.com/bitcoin-unlimited-mining-power-sh...

Tweets

Bitcoin's 'Fork' In The Road

Bitcoin's 'Fork' In The Road

zerohedge.com 19 Mar '17, 10pm

Let’s start over. Ethereum is a B2B facing platform?—?consumers & media don’t know or really care about it. Bitcoin is a $...

@CryptoCoinsNews

cryptocoinsnews.com 20 Mar '17, 6pm

Twitter Linkedin Facebook Reddit Weibo Brian Armstrong, Coinbase’s CEO, publicly said he does not support the statement of...

This Happens to Your Coins During a Bitcoin Hard Fork and Possible Blockchain Split

This Happens to Your Coins During a Bitcoin Har...

news.bitcoin.com 20 Mar '17, 11pm

the San Francisco-based exchange. “In the event of a hard fork of the Bitcoin protocol, it is likely that Coinbase will te...

Mining Pool Bitclub Network Mines Its First Bitcoin Unlimited Block

Mining Pool Bitclub Network Mines Its First Bit...

news.bitcoin.com 20 Mar '17, 4am

On March 19, the bitcoin mining pool Bitclub Network mined its first Bitcoin Unlimited (BU) block as the mining operation ...

Popular Bitcoin Exchanges Reveal Controversial Hard Fork Contingency Plan

Popular Bitcoin Exchanges Reveal Controversial ...

news.bitcoin.com 19 Mar '17, 1pm

concerning the possibility of a hard fork and a network split. The statement noted that the exchanges believe a hard fork ...

If you have Bitcoin, you should read this.

If you have Bitcoin, you should read this.

simondingle.com 22 Mar '17, 5am

Bitcoin is forking. If you have Bitcoin this means that you will probably be the rightful holder of two cryptocurrencies t...

Sell and Short: Bitcoin Traders Are Preparing for a Possible Fork

Sell and Short: Bitcoin Traders Are Preparing f...

coindesk.com 21 Mar '17, 4pm

Traders are reducing their exposure to bitcoin ahead of what they say is the increasing likelihood that its network could ...

Which Majority? Bitcoin Exchange Accord Reveals Hard Fork Dilemma

Which Majority? Bitcoin Exchange Accord Reveals...

coindesk.com 18 Mar '17, 2am

A newly released statement from major exchanges today may have stoked tensions in the ongoing bitcoin scaling debate – but...

Bitcoin's

businessinsider.de 26 Mar '17, 9am

The bitcoin community is locked in a harsh debate over a "hard fork." REUTERS/Luke MacGregor There's a civil war in the bi...

Circle Urges User Caution As Bitcoin Hard Fork Looms

Circle Urges User Caution As Bitcoin Hard Fork ...

coindesk.com 21 Mar '17, 11pm

Payments startup Circle suggested in an email to users today that, in order to avoid the potential negative consequences o...

Bitcoin exchanges announce contingency plan for...

Bravenewcoin.com 18 Mar '17, 7am

Just two days after Gyft founder and Civic CEO Vinny Lingham’s warning about a Bitcoin hard fork devastating bitcoin’s val...

A Bitcoin civil war is threatening to tear the ...

businessinsider.de 26 Mar '17, 8am

The bitcoin community is locked in a harsh debate over a "hard fork." REUTERS/Luke MacGregor There's a civil war in the bi...

Bitcoin Exchanges Unveil Emergency Hard Fork Contingency Plan

Bitcoin Exchanges Unveil Emergency Hard Fork Co...

coindesk.com 17 Mar '17, 4pm

A group of nearly 20 exchanges has released contingency plans in the event that the bitcoin network splits in two, creatin...

Great post on Bitcoin's built-in checks and bal...

medium.com 21 Mar '17, 2am

Miners (including Hashers and Pool-Operators) Miners are thermodynamically securing the network with Proof of Work (PoW) T...