Factom Chairman on Bitcoin: ‘The Sooner We Fork The Better’
As the release date of Segregated Witness approaches, the support for Bitcoin Core and its innovative scaling solutions is rapidly increasing. However David Johnston, chairman of the Factom Foundation, believes a hard fork is necessary to accommodate more users onto the bitcoin network.
Bitcoin Core’s rivaling alternative hard fork proposal Bitcoin Unlimited recently began to obtain a serious momentum behind their growth due to the support from ViaBTC, one of the largest mining pools in bitcoin. With prominent figures including Roger Ver and the Bitcoin.com’s recent hahspower allocation, Bitcoin Unlimited’s presence has significantly risen over the past several months.
Johnston, who actively collaborates with the Factom team led by CEO Peter Kirby, believes that hard forks should not be feared, and that the sooner a hard fork is executed to expand the bitcoin blocksize, the better.
This post was published at Crypto Coins News on 18/10/2016.