Post
Topic
Board Service Discussion
Re: chinese exchanges reject 20mb block size increase
by
CIYAM
on 07/06/2015, 02:52:45 UTC
Adapt or die.

You do understand that >50% of the hashing rate comes from Bitcoin mining farms located in China?

If they decide to not adopt a change then put simply *no change will occur* (as they will still be creating over 50% of the blocks making any 90% consensus simply impossible to reach) so chest beating is hardly going to help here.

This is not about politics but about finding a practical solution that will let Bitcoin grow without causing a collapse in the hashing strength or confidence in the Bitcoin blockchain.