Sentences with phrase «contentious hard»

«The Bitcoin exchange and wallet community have been divided over their decisions to support or reject these contentious hard forks.»
The Poloniex team agrees that any contentious hard fork must include replay attack protection.
Industry firms also appear to be anticipating the release, with BitPay reporting it is eager to test the idea as an alternative to a contentious hard fork.
Vinny Lingham, CEO of Civic and Angel Investor, is speaking out about support for a contentious Hard Fork which creates another Bitcoin.
That includes abstaining from an immediate «contentious hard - fork» which may turn out «detrimental» to the whole ecosystem.
BitMEX does not agree with contentious hard forks, and does not accept the manner in which Bitcoin Cash was forked, or the lack of preparation or notice before the fork; we consider this a dangerous action that imposes unacceptable costs on end - users and businesses.
Despite soon facing an incredibly contentious hard fork with possibly terrific consequences, Bitcoin price remains just below its all - time high.
The company says the fork «is a contentious hard fork» that will likely result in a split.
If a hard fork as explained by Bitmain's blog post is executed, it will undoubtedly be a contentious hard fork that will ultimately lead to two persistent bitcoin blockchains.
But Ethereum did a contentious hard fork once as well and did not split any further after that.
Similar to Decred, Tezos has a system designed to prevent the need for contentious hard forks.
Depending on where you stand when it comes to potentially contentious hard forks, and also what currencies you hold, hard forks can be either a blessing or a curse.
Now that we're past all the contentious hard forks and the two Bitcoin camps have their distinct road map laid out, we can let the market decide which is the ideal scaling strategy for Bitcoin.
Key influential supporters of the SegWit2X contentious hard fork have just released a joint statement, announcing the immediate suspension of the planned fork mid-November.
We urge everyone to act rationally and hold off on making any decision to run a contentious hard - fork (Classic / XT or any other).
Perhaps they don't support a contentious hard fork, etc..
One point Bitcoin Core developers continued to argue during the long - standing debate was that contentious hard forks are dangerous and can have unexpected consequences, such as splitting a blockchain into two competing blockchains.
In other words, Bitcoin Core contributors would like to see a solution to the block size limit issue that does not involve a contentious hard fork.
Instead, he said contentious hard forks are the ones that should be avoided.
As this is a contentious hard fork, Bitcoin will most likely split in two after this block, with Bitcoin (BTC) and SegWit2X (B2X) emerging.
This is a contentious hard fork with no planned replay protection, therefore we anticipate major network disruption when the blockchain is forked.
zIn the event of a contentious hard fork and a possible coin split, user's wealth may be in danger without a proper...
«In bitcoin, we have a strong norm against contentious hard forks, and that norm really, really heavily structures the coordination that people do around [the software],» Zamfir continued.
On 2017-10-11 at noon (UTC), Bitcoin.org is planning to publish a banner on every page of the site warning users about the risks of using services that will default to the so - called Segwit2x1 (S2X) contentious hard fork.
«Segregated Witness is worth the small effort as the changes are not much work, and it's a no - brainer compared to a contentious hard fork,» he said.»
One of Todd's points on a contentious hard fork had to do with the large amount of money raised by some Bitcoin companies, which garnered some laughs from the show's hosts:
That's exactly what happened on the Ethereum blockchain as a result of a contentious hard fork last summer, splitting into Ethereum and Ethereum Classic.
This hard fork is not supported by the majority of the Bitcoin users and developers and is therefore a contentious hard fork.
A subsection of the Bitcoin economy including prominent businesses such as Coinbase, Xapo, and BitPay have signed an agreement to adopt and implement a contentious hard fork of Bitcoin sometime in November.
The issue led to last year's contentious hard fork and the creation of Bitcoin Cash (BCH).
A subsection of the Bitcoin economy including prominent businesses such as Coinbase, Xapo, and BitPay have signed an agreement to adopt and implement a contentious hard fork of Bitcoin sometime in November.
This hard fork is not supported by the majority of the Bitcoin users and developers and is therefore a contentious hard fork.
I wrote the article out of concern the community was (and may still be) headed toward a contentious hard fork, something we believe is best avoided.
Ultimately, if one understands the principle of contentious hard forks, they should realize that it is really the community's responsibility to audit itself — which means that this is perhaps the vision that Satoshi ultimately had when he was building Bitcoin and eventually disappeared.
A contentious hard fork is due to disagreements within the community which results in a portion of them creating a new chain (and in their perspective a better one) by introducing major changes to the code, just like the creation of Bitcoin Cash.
But in reality there are so many people it's just it's such a contentious hard for it that there are lots of people that want to keep their Bitcoin the heart the segue to act quite separate from the original Bitcoin coins.
I think they're actually between a rock and a hard place and at some point they're going to have to implement replay protection and then it's going to be clear that it's a contentious hard floor and we're actually talking about an alt coin rather than an upgrade to bitcoin.
I've talked about this recently and I read a post that like my recommendation for Coinbase in our exchanges is this being such a contentious hard for you kind of have to score both coins.
In case that wasn't enough, another contentious hard fork is scheduled for November under the name Segwit2x.
Typically, a contentious hard fork occurs when some of the nodes — which previously mined on the old network — decide to switch to the new chain; this ultimately splits the mining community into two camps, one which now follows the rules of the new chain and another one which continues to adhere to the old one.
As the graphic above shows, when a contentious hard fork is created, there are two running versions of the blockchain.
If there was disagreement in the community about the path of a coin, like Bitcoin, for example, then a contentious hard fork would occur.
Our goal in this section will, however, be to give an overview of all contentious hard forks that occurred, cover their proposed changes, provide the logic behind said changes, and explore their resulting impact, if any.

Not exact matches

This has been a hard - fought, contentious election process.
However, this was a planned hard fork and not meant to be contentious.
Please note: This hard fork has nothing to do with the contentious SegWit2x hard fork planned for November.
And his hard - line opening stance could portend a contentious renegotiation of the 22 - year - old deal with Mexico and Canada that Trump's senior advisers have called a top priority for the new administration.
I am not at all trying to be contentious but I can't allow people to negatively impact all of the hard work that I put into my blog just b / c of faulty information.
The Fox News host prided himself on asking contentious questions in a statement released earlier in the month, but also suggested his interview with President Trump could be a bit less hard - hitting.
That said a move between Liverpool and Everton will always be a controversial one and the former Wigan man would have to think long and hard before opting to make the contentious switch.
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