AUG 26 DIGEST: Big Mining Pools Oppose Bitcoin XT Fork; Tor Vulnerability Suspends BTC Black Market Operations

A significant chunk of mining pools has taken a fierce stand against Bitcoin XT; the largest currently operating bitcoin black market has decided to halt operations due to a Tor de-anonymizing vulnerability, and more top stories for August 26.

Major Mining Pools Make a Stand against Bitcoin XT Fork

A significant chunk of mining pools has taken a fierce stand against Bitcoin XT, while others are very hesitant to make a switch too. F2Pool, BTCChina and Eligius – together accounting for some 39 percent of hashing power on the Bitcoin network – have said they will not support the alternative Bitcoin implementation designed to allow for bigger blocks on the Bitcoin network. Furthermore, a rapidly growing amount of hash power is now publicly backing BIP 100, the proposal by Jeff Garzik that grants miners the right to vote the block-size limit up or down.

Tor Vulnerability Leads Biggest Bitcoin Black Market to Pause Operations

Agora Market, which is often considered to be the largest currently operating bitcoin black market, has decided to pause operations due to a Tor de-anonymizing vulnerability discovered by MIT and Qatar Computing Research Ins