No Primary Litecoin Pool Will Upgrade to Segwit, Says LTC1BTC’s Founder

Jiang Zhuoer, the founder of LTC1BTC, a Litecoin pool that currently controls around 12% of the network, told CCN.com in an interview that his pool won’t upgrade to soft fork segwit, nor will any primary Litecoin pool, adding that he has contacted them. Litecoin is meant to begin the Segwit soft fork activation process in … Read more

Bitcoin Core Dev Jeff Garzik: Softforks Are a Rule by a Tiny Elite

Jeff Garzik, a core bitcoin developer who previously worked as Principal Software Engineer at RedHat before leaving to work full time on bitcoin development, stated in a public video that soft forks are a rule by a “tiny, few technocratic elites.” The talk addressed the downsides of segwit “since only the upsides are promoted heavily,” … Read more