Lightning, Halving and Tothemoon

On June 6, bitcoin miners have produced block #415,000. It means that mining reward will halve in less than 5,000 blocks or 42 days.

New Bitcoin Core Release: TimeLocks, Scripts, and Other Features of v 0.12.1

Bitcoin Core developers have announced they release the new version of Bitcoin network client numbered 0.12.1. The release features a new mechanism of soft-fork deployment BIP9, which in turn activates proposals BIP68, BIP112, and BIP113. More About the BIPs BIP68 allows miners to prohibit a transaction until a specified moment in.

The Bitcoin Roundtable Proposes Hard-Fork Timeline

Following an 18 hour-long meeting in Hong Kong, a group of miners representing nearly 80% of the network’s hash power, alongside with representatives of several prominent exchanges, issued a timeline for introducing a hard-fork solution.

Antpool to Launch Beta Testing for Bitcoin Classic

The continuing block size debate has entered a new phase following the announcement by Antpool concerning its forthcoming test run of Bitcoin Classic, which is considered one of possible solutions to the problem. Jihan Wu, CEO at Antminer, tweeted: Antpool will start to test Classic soon. There is 7day long.

Block Size Debate: Chinese Miners Side with Bitcoin Core

China-based F2Pool, the world’s second largest miner in terms of capacity, confirmed it rejected the original idea of supporting Bitcoin Classic as a possible solution for block size scaling, and stuck with Bitcoin Core. The same decision was made by another Chinese miner HaoBTC. Its spokespersons state Chinese miners mostly.

Bitcoin Classic: A New Hope following the Revenge of the Hearn

Surprisingly for many bitcoin community members, Jonathan Toomim’s Bitcoin Classic proposal has garnered support from as much as 72% of the network’s mining capacity. With the consensus threshold set at 75%, the proposal is very likely to become active in no time.