Why ViaBTC Rejects SegWit Soft Fork in Favor of Block Size Hard Fork: Interview With Haipo Yang

Set to offer an effective block size limit increase, a transaction malleability fix and more, Segregated Witness (SegWit) could soon go live on the Bitcoin network. Starting tonight, miners can signal support for the proposed centerpiece of Bitcoin Core’s scalability roadmap. The soft fork will activate if 95 percent of hash power agrees.
But Chinese mining pool ViaBTC, currently representing some 8 percent of hash power on the Bitcoin network, has indicated it will not support SegWit activation. Instead, the mining pool favors a hard fork to remove the one megabyte block size limit, as proposed by Bitcoin Core fork Bitcoin Unlimited.

This post was published at Bitcoin Magazine on Nov 17, 2016.

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