Bitcoin Users Reluctant to Embrace XT Version

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August 19th, 2015
Back Bitcoin Users Reluctant to Embrace XT Version

Bitcoin users are not pleased with new Bitcoin XT version, which was created by Mike Hearn and recommended by the currency's chief scientist, Gavin Andresen, but Andersen says that users are beginning to accept the idea as 10 percent of the network have recently accepted the new product.

There are concerns that changing the software could split the virtual currency despite Hearn’s reassurance that its adoption is a must to ensure that bitcoins can accommodate the growing demand.

The BBC reported that many Chinese bitcoin miners have refused XT as it may affect control over the currency.

"We've gone from zero people running the software to 10 percent of the network in 72 hours, which is really good," Hearn said.

If you look at the guys working on the Bitcoin core, they talk about consensus all the time - but if you ask them what they really mean, they can't tell you.

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