So far any bitcoin fork, soft or hard is nothing but pure speculation. It won't be so easy, we all know what happened to Ethereum.
In November 2016 SegWit acceptance was looking likely too, today it is impossible to achieve more than 30% hash support.
I still put more faith in Core developers than in anyone else, they were dealing with Bitcoin's code from the beginning.
Especially after that Bitcoin Unlimited ver 1.0 invalid block flop.
Topic: [2017-02-19] Bitcoin fork looking increasingly likely (Read 425 times)
nice clickbait. i'll believe it when it see it. most of these people involved may be fractious assholes, but they're also pragmatic and greedy. everyone on both sides knows that bitcoin might take a fatal hit if it ended up happening.
I would have to agree. A nearly even (49/51 etc) fork is very unlikely. If in the extremely unlikely event one was to occur, it would be pretty lopsided and likely the lower hash fork would lose hashpower extremely quickly as the rational choice would be to dump the low hashpower fork. The value in bitcoin is such - as compared to an alt - that running the losing fork would quickly be a low value (lost value even) proposition.
As Core arrogantly continues to not listen to the screams to increase the blocksize, a fork becomes more likely. The coin would not split into two chains however, people will choose the dominant one to avoid losing out. The synthetic fork concept seems like a good way to avoid risk, Core seems to be ignoring this innovation for the time being.
nice clickbait. i'll believe it when it see it. most of these people involved may be fractious assholes, but they're also pragmatic and greedy. everyone on both sides knows that bitcoin might take a fatal hit if it ended up happening.
I would have to agree. A nearly even (49/51 etc) fork is very unlikely. If in the extremely unlikely event one was to occur, it would be pretty lopsided and likely the lower hash fork would lose hashpower extremely quickly as the rational choice would be to dump the low hashpower fork. The value in bitcoin is such - as compared to an alt - that running the losing fork would quickly be a low value (lost value even) proposition.
nice clickbait. i'll believe it when it see it. most of these people involved may be fractious assholes, but they're also pragmatic and greedy. everyone on both sides knows that bitcoin might take a fatal hit if it ended up happening.
"The idea that the Bitcoin network could split into two has been unthinkable ever since the genesis block was created on 3 January 2009. Fundamentally the system is designed to discourage in every possible way (technically and from game-theoretic points of view) a split in the network from happening, so as to maintain the single infallible distributed ledger and keep sacrosanct the total supply of coins."
https://www.reddheads.com/en/bitcoin-fork-looking-increasingly-likely/
https://www.reddheads.com/en/bitcoin-fork-looking-increasingly-likely/
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