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jamie.redman1
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Bitcoin Proponents Are Laser Focused on One Particular Mining Pool

Mon Apr 24, 2017 1:11 am

Following the Bitcoin scaling debate has been interesting over the past few months. A lot of people have been focused on certain characters and organizations within the cryptocurrency environment by highlighting their opinions and scaling choices on social media. One particular individual and entity of interest has been the mining group F2 Pool and the pool’s associate Wang Chun.

The Chinese F2 Pool formally known as “Discus Fish” is a mining organization that was formed in May of 2013. The Chinese mining pool is well known for commanding a significant portion of Bitcoin’s hashrate distribution over the past few years. Currently, F2 Pool is the second largest mining operation behind Bitmain’s Antpool capturing 11 percent of the network’s hashrate. People have been focused lately on F2 Pool’s actions because many are curious to find out what scaling solution the pool supports.

Read More Here >>> https://news.bitcoin.com/bitcoin-propon ... ning-pool/

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Re: Bitcoin Proponents Are Laser Focused on One Particular Mining Pool

Mon Apr 24, 2017 12:40 pm

Hi Jamie,
Thanks for posting it was a good read.
A couple of things I noticed in your article that stood out was the statement below:
So far figuring out whether or not F2 pool supports bigger blocks, or Segregated Witness (Segwit) has been quite confusing. From the signs of things and statements made, the mining pool would like to see both developments move forward.
Do you believe that segwit is also also a blocksize increase or is this a myth put out by the core team?

I am just a regular everyday bitcoin users and really want to see the best for this great currency but it is hard to know what to believe anymore with so much FUD going around.

Up until the last couple of bugs and then the Asicboost scandal broke out I was in support of Unlimited but now I am just not so sure.
I have been reading a lot on Segwit lately and it sounds ok, i think it should be given a go but I am in not in an expert position to say what must be done.
There is one part of Segwit that does concern me though and that is the Lightning networks addition, I have read some bad stuff on that and if true I wouldn't want to see bitcoin go down that road.
Can we have Segwit without Lightning if it's so bad?
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