Roger Ver's mining pool Bitcoin.com has decided to not support a proposal that aims to redirect 12.5% of Bitcoin Cash block rewards to a development fund.<\/p>\n
In a blog post on Tuesday, Bitcoin.com said it will \"not go through with supporting any plan unless there is more agreement in the ecosystem such that the risk of a chain split is negligible.\"<\/p>\n
\"Bitcoin.com will not risk a chain split or a change to the underlying economics. In order to do this, any proposal will need to have as many people of economic weight on-board as possible, including businesses, exchanges, miners, and Bitcoin Cash implementations,\" the blog post stated.<\/p>\n
Last week, mining pool BTC.TOP CEO Jiang Zhuoer announced the block reward cut petition in a blog post, stating that the move was to support the development of Bitcoin Cash infrastructure and threatening to orphan blocks that do not go with the proposal.<\/p>\n
At the time, Bitcoin.com, Antpool, BTC.com, and ViaBTC all signed Jiang's petition, representing around 31.6% of the total Bitcoin Cash's hash rate. Bitcoin.com accounts for roughly 0.39% of the total Bitcoin Cash hash rate.<\/p>\n
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Bitcoin.com withdraws from Bitcoin Cash proposal to divert part of block rewards to dev fund - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Roger Ver's mining pool Bitcoin.com has decided to not support a proposal that aims to redirect 12.5% of Bitcoin Cash block rewards to a development fund. Continue reading