Antpool, ASICBOOST Share Blame for Bitcoin Network Delays
From Cointelegraph
Bitcoin (BTC) transaction delays and fees are increasingly thought to be the result of Antpool mining empty blocks.Read more: https://cointelegraph.com/news/antpool-asicboost-share-blame-for-bitcoin-network-delaysMultiple reports surfacing on social media pin the blame for the slow rate of approvals on miners deliberately not including SegWit transactions.
The practice would cut capacity, increasing waiting times and driving up fees.
Data from Blockchain.info on blocks found post-SegWit activation suggests Antpool, the largest Bitcoin mining pool, is circumventing SegWit transactions despite losing revenue.
“Normally miners will confirm as many transactions as they can, because when they confirm one they earn the transaction fees from that transaction,” one explanation reads.
Follow @contentjunkie to stay up to date on more great posts like this one.
This must bode well for Bitcoin Cash? Although BCH prices have been rather flat over the past day.
Yeah, prices for both BTC and BCH have been pretty flat. BCH will win out in the end I think, you can send transactions, there's plenty of space for more and they don't cost 5 USD in fees!
Amazing sir good i hope you always post wonderfull and please sir follow me please
This post has been ranked within the top 50 most undervalued posts in the first half of Aug 26. We estimate that this post is undervalued by $11.29 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 26 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
This post has received a Bellyrub and 6.05 % upvote from @bellyrub thanks to: @contentjunkie. Send SBD to @bellyrub with a post link in the memo field to bid on the next vote, every 2.4 hours. Be sure to vote for my Pops, @zeartul, as Steem Witness Hope you enjoyed your bellyrub!