Bitmain Reveals Plans to Oppose SegWit2x Proposal

in #bitcoin8 years ago

Ever since the BIP148 proposal was introduced, there has been some opposition. Some companies are not in favor of this solution by any means. Bitmain has unveiled their roadmap for the UAHF, which is a contingency plan against the UASF. A hard fork activated by users is quite an interesting concept. The bigger question is whether or not this proposal will gain any success.

Very few people will be surprised to learn Bitmain is looking to counter the user-activated soft fork. The company has never been in favor of this solution by any means. Instead, they now propose a user-activated hard fork to counter BIP148. This proposal introduces a mandatory all set to change the node software. All nodes supporting this solution will follow the chain regardless of its hashrate. That in itself is rather surprising, to say the least.

Read more here: http://www.altcointoday.com/bitmain-reveals-plans-to-oppose-segwit2x-proposal/

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BIP148 /= segWit2x

Not surprising to early adopters like myself at all. Big blocks have been held up for way too long, and most of the community understands the motives behind the hold up.

Bitmain is doing what it HAS to do to keep its miners worth anything. Following Blockstream would be the path to Bitcoin's ruin.

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