Bitcoin expansion meeting is scheduled for May, resolving differences becomes the primary goal

Bitcoin expansion meeting is scheduled for May, resolving differences becomes the primary goal

A group of bitcoin industry opinion leaders, developers and miners are planning to organize an invitation-only bitcoin roadmap meeting in May.

It is reported that the list of members participating in this meeting was recently published on a private mailing list, including Bitcoin.com boss Roger Ver, Bitfury CEO Valery Vavilov, Coinbase CEO Brian Armstrong, and Blockchain.info CEO Peter Smith.

Other attendees will include Bloq CEO Jeff Garzik, an unidentified representative from BitGo, and Digital Currency Group (DCG) CEO Barry Silbert.

The Digital Currency Group (DCG) has confirmed that it is organizing the conference, which will be held in New York.

Additionally, BitPay CEO Stephen Pair and Bitmain co-founder Jihan Wu have confirmed they will be attending the conference.

While some declined to comment on the meeting, others said they hoped the meeting would improve their understanding of the differences over scaling.

“I want to better understand the minds of those who want a hard fork and what they hope to achieve. We don’t think a hard fork is necessary and their goals can probably be achieved without one. But I want to hear their reasoning,” Pair said.

Adam Back, CEO of Blockstream, one of the largest employers of Bitcoin core developers, said he would not attend the meeting despite receiving an invitation.

He told CoinDesk that in his view, miners are profiting from the high transaction fees on the bitcoin network, and they are amplifying their profits by delaying the implementation of SegWit, a scaling option proposed by core.

“Fundamentally, this is an economic issue, not a technical discussion,” Back said.

Bitcoin.com boss Roger Ver has been controversially critical of Bitcoin Core’s development roadmap and has so far supported alternative development teams and alternative software in an attempt to address perceived issues with Bitcoin’s operation.

Other attempts

There are rumors that as the discussion about Bitcoin hard fork intensifies, there will be a larger industry conference in the next few weeks to discuss this issue.

Furthermore, there have been several recent attempts to resolve the “scaling debate,” but none have been successful so far.

In recent weeks, developers and miners have shown a willingness to support other proposals, a development that has prompted a wider discussion.

According to the news, the list of participants in this meeting includes:

Bitcoin.com — Roger Ver or Jake Smith

Bitfury – Val Vavilov

BitGo – Mike Belshe or Ben Davenport
Bitmain – Jihan Wu
BitPay – Stephen Pair
Blockchain – Peter Smith
Blockstream – Adam Back
Bloq – Jeff Garzik
Coinbase – Brian Armstrong
Digital Currency Group (DCG) – Barry Silbert
Gavin Andresen – Jeff Garzik will represent Gavin

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