RE: Bitmain Responds to UASF With Another Bitcoin Hard Fork Announcement

You are viewing a single comment's thread from:

Bitmain Responds to UASF With Another Bitcoin Hard Fork Announcement

in bitcoin •  7 years ago  (edited)

As I understand it, the main issues with Bitcoin at the moment are the long confirmation times and the high transaction fees. Despite the rather lengthy arguments and explanations by the miner and developer communities, everyone seems to agree that the goal is to speed up confirmations and reduce fees.

I do however find myself less convinced by the case put forth by the miners, since they are the beneficiaries the high fees now being collected.

BIP148, though still seen as somewhat controversial by certain members of the Bitcoin community, seems to offer the only reasonable and long term compromise to resolving these issues.

Bitmain’s proposed UAHF in response to BIP148 only goes to prove that they are more interested in controlling 100% of Absolutely Nothing, rather than constructively contributing to the maintenance, growth and development of Bitcoin.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!