F2Pool: Chinese Pools Will Stick with Bitcoin Core

F2Pool: Chinese Pools Will Stick with Bitcoin Core

Shortly after the sensational public break-up between Bitcoin and R3CEV – hire Mike Hearn, and the launch of several alternative Bitcoin implementations, the block-size dispute is reaching fever pitch. Bitcoin Classic, in particular, has been gathering support among companies, users and some developers. Significantly, a number of mining pools has also publicly come out in support of the Bitcoin Core fork led by Jonathan Toomim.

The second largest mining pool on the Bitcoin network, with some 23 percent of hashing power, China-based F2Pool, was said to be among the pools prepared to switch to Bitcoin Classic. Yesterday, however, rumors started to surface claiming that the Chinese pools had changed position, and will stick with Bitcoin Core.

Speaking to Bitcoin Magazine, F2Pool operator Wang Chun confirmed this is indeed the case.

“The rumors are true,” Chun said. “Miners in China were scared by Luke Dashjr’s proof-of-work changing pull request.”

The specific pull request Chun refers to was made by Bitcoin Core and Bitcoin LJR developer Luke Dashjr last week. Dashjr argued that a hard fork should be accompanied by a change of Bitcoin mining hashing algorithm, as it would render ASIC miners obsolete and could re-decentralize

Read more ... source: TheBitcoinNews

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