https://bitcointalksearch.org/topic/ann-bitcoin-cash-pro-on-chain-scaling-cheaper-fees-2040221
Topic: Bitcoin Cash BCC might be a threat against the Nash Equilibrium - page 3. (Read 2224 times)
[ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
https://bitcointalksearch.org/topic/ann-bitcoin-cash-pro-on-chain-scaling-cheaper-fees-2040221
https://bitcointalksearch.org/topic/ann-bitcoin-cash-pro-on-chain-scaling-cheaper-fees-2040221
I would like to see them try. After a thousand BTC is dead threads and a thousand real threats to kill the protocol I havent seen one successful attack that had a good chance of destroying it.
It's not an attack, it's a fork. It will do absolutely nothing to the legacy chain.The only thing that could change is that people start using the new chain or the new chain gains a higher price than the old chain. This seems unlikely, but if it happens it would not be an attack on Bitcoin, it would be the movement of the economic majority.
Given that miners might reuse now for BTC and BCC their high valued long term investments = mining hardware, they might be able to do selfish mining / 51% attacks to bitcoin whilst parallel shorting bitcoin and destroying it for the longer term.
There are far too many miners in many different places for this to happen.A small group of pools could do this briefly, but meanwhile the miners mining at those pools would switch to new ones which weren't participating in the attack.
Even if it did happen, the same thing could always happen on BCC later.
I would like to see them try. After a thousand BTC is dead threads and a thousand real threats to kill the protocol I havent seen one successful attack that had a good chance of destroying it.
You can tell all the Chinese miners to try their best. Kill Bitcoin.
You can tell all the Chinese miners to try their best. Kill Bitcoin.
Given that miners might reuse now for BTC and BCC their high valued long term investments = mining hardware, they might be able to do selfish mining / 51% attacks to bitcoin whilst parallel shorting bitcoin and destroying it for the longer term.
On the other side BCC might get a lift and could replace bitcoin, at least in Asia ( who cares we see only some 5k reddit users here in the West) ...
Comments?
On the other side BCC might get a lift and could replace bitcoin, at least in Asia ( who cares we see only some 5k reddit users here in the West) ...
Comments?
Jump to: