The Bitcoin block size debate is still in effect as we speak, and things are heating up once again between Bitcoin Core and Bitcoin Classic supporters. Now that a working client for Bitcoin Classic users has been released, various Bitcoin nodes seem to be favoring this solution over Bitcoin Core.

1. teamsteverhyner.com http://www.teamsteverhyner.com/1-in-6-nodes-now-support-bitcoin-classic/
Steven L.
Rhyner
1 in 6 Nodes Now Support Bitcoin Classic
The Bitcoin block size debate is still in effect as we speak, and things are heating up once again between
Bitcoin Core and Bitcoin Classic supporters. Now that a working client for Bitcoin Classic users has been
released, various Bitcoin nodes seem to be favoring this solution over Bitcoin Core. However, the battle is
far from over, as not everyone is for supporting blocks that are larger than 2MB in size.
Also read: Bitcoin Summer School Announced in Greece
Bitcoin Classic Nodes on
the Rise
Keeping in mind how easy it has
become to run a Bitcoin Node off of
any device these days, that number could rise higher shortly.
At the same time, Bitcoin Classic is starting to make its presence felt on the Bitcoin nodes list as well. With over 850
nodes in operation,Bitcoin Classic is gaining a lot of support from people who seem to favor a much larger block
size shortly. However, this situation might not be viable for the Chinese miners, due to Internetrestrictions in the
country.
This is one of the main reasons why Chinese mining pools have reluctantly agreed to increase the block size to 2MB
for now, as the Bitcoin Core approach is far less taxing on their infrastructure. Mining Bitcoin requires a stable

2. internet connection, and with Chinese connectivity being rather on the slow end, a major block size increase is not
favorable.
A recent post has surfaced on the Bitcoin.com forums,
explaining how it is possible to run a Bitcoin Classic on a
Synology device. Needless to say, these devices are always
powered on and connected to the Internet, making them a
perfect solution to run a node off of. Plus, Synology devices are
housing tons of hard drive space, which removes any friction
when it comes to storing the Bitcoin blockchain.
But there is another interesting factor to take into account in this
game of Bitcoin nodes. Up until a month ago, Bitcoin XT
seemed to be the main contender to Bitcoin Core regarding
increasing the block size. However, ever since Mike Hearn left
the digital currency space, things have gone eerily quiet
regarding that project. As a result, the number of Bitcoin XT
nodes is dropping to just above 130, putting Bitcoin Classic in
the second spot on the charts.
Convincing the Miners is More
Difficult
While it is interesting to see so
many people taking a liking to the
idea of running a Bitcoin Classic
node, it will not change matters
much unless miners are on board as well. An interesting discussion thread
has started on Reddit, asking users what it would take to switch to Bitcoin
Classic as a miner.
Changing the mind of mining pool operators may prove to be a daunting
task, though. In a recent Bitcoin Roundtable letter, Bitfury, BTCC, F2Pool,
BW Pool, and Ghash.io rejected the Bitcoin Classic solution altogether. This
solution would hard fork the Bitcoin code, which could lead to two separate
versions of Bitcoin competing with one another in the not-so-distant future.
Keeping in mind how a successful adoption of Bitcoin Classic requires 75%
– or more – of the hash power to activate the new block size, the debate is
far from resolved. The increase in Bitcoin Classic nodes will certainly be
interesting to watch, but ultimately, it will be up to miners and mining pools to
choose whether they will adopt this solution.
Re-posted from www.news.bitcoin.com February 16, 2016 by JP Buntinx

3. Share this post and help spread the love!
Thank you for reading my posts! If you would like to connect, reach out to me on
Facebook.