Not all Chinese miners are inwards back upward of Bitcoin Unlimited it seems. F2Pool, the minute largest Bitcoin mining puddle inwards the basis behind AntPool, turned downwardly Bitcoin Unlimited before this week.
Wang Chun, the possessor of F2Pool, shared a rather abstract contention amongst the Bitcoin community on March 27, which read:
“Bitcoin can’t fork in addition to won’t fork.”
Instinctively, the bulk of the community acknowledged the contention every bit F2Pool’s rejection of Bitcoin Unlimited, considering Chun’s previous statements across online Bitcoin communities in addition to social media platforms such every bit Twitter.
In particular, on March 22, Chun wrote, “rest inwards peace Bitcoin Unlimited,” most at in i lawsuit afterwards the minute põrnikas of the software was exploited.
SegWit is likewise a fork
However, several members of the community began to enquiry the intent of Chun’s contention every bit Bitcoin Core’s Segregated Witness (SegWit), which currently is the market-favored scaling solution, is likewise a fork of the Bitcoin network.
Unlike Bitcoin Unlimited, SegWit is a soft fork which requires a 95 per centum back upward threshold from node operators inwards lodge to activate.
Chun offered nonetheless unopen to other ambiguous explanation of his before contention in addition to wrote:
“Why non selection a side? Because y'all convey to mean value twice before compass upward one's hear to back upward somebody who oftentimes run across y'all every bit their enemy.”
Guo failed to convince
The curt response is that Chun in addition to F2Pool are non willing to selection a specific side. Chun doesn’t back upward Core or Bitcoin Unlimited specifically. However, he has made it clear that his mining puddle is non inwards back upward of Bitcoin Unlimited most probable due to technical in addition to economical reasons. Bitcoin Unlimited every bit a contentious difficult fork volition inevitably Pb to a carve upward chain, which volition harm the build of Bitcoin that is portrayed inwards the mainstream.
One interesting slice of data to consider is that when Chandler Guo, a Chinese miner, Bitcoin in addition to Ethereum investor, switched to Bitcoin Unlimited final week, he stated that he volition convince other mining pools inwards the part such every bit F2Pool to likewise back upward Bitcoin Unlimited.
At the time, the hash charge per unit of measurement of Bitcoin Unlimited was at 37 per centum in addition to amongst F2Pool on board, they would convey been able to launch a 51 per centum attack.
BW stance
Now that F2Pool possessor Chun has clarified his opinion on Bitcoin Unlimited, the solely ingredient left is BW. If BW rejects Bitcoin Unlimited every bit well, thence it volition most travel for certain that Bitcoin Unlimited volition non travel hard-forked in addition to Chinese miners volition non travel able to launch an assail against the Bitcoin network inwards lodge to activate Bitcoin Unlimited.