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Topic: ETH network split (contentious hardfork) (Read 653 times)

hero member
Activity: 812
Merit: 1000
Litecoin Association Director
July 02, 2016, 12:28:06 AM
#8
I still dont think ive seen anything about a true hard fork yet. But at this point in time if they do it and roll back a few weeks of transactions, their reputations and the "coin" itself will be destroyed.

Their credibility is already destroyed the bagholders just refuse to comprehend that fact which will just keep it alive longer. The writing is on the wall.


Well you and I may agree, but if its still somewhat profitable people will still sadly flock to it.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
I still dont think ive seen anything about a true hard fork yet. But at this point in time if they do it and roll back a few weeks of transactions, their reputations and the "coin" itself will be destroyed.

Their credibility is already destroyed the bagholders just refuse to comprehend that fact which will just keep it alive longer. The writing is on the wall.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
I still dont think ive seen anything about a true hard fork yet. But at this point in time if they do it and roll back a few weeks of transactions, their reputations and the "coin" itself will be destroyed.
newbie
Activity: 27
Merit: 0
It'll go out with a *bang* - bursting into an explosion of popcorn. Brace yourself for the popcorn-climax.
full member
Activity: 182
Merit: 100
Source?

heavy lobbying in their reddit, censorship of anti-fork voices, antonopulus and Gün Sirer (https://www.youtube.com/watch?v=epWjD6mlBVs), bascially everyone calling for HF (maybe because they all were invested in dao - threads about conflict of interests in that regard are also downvoted and flamed on their reddit -> https://www.reddit.com/r/ethereum/comments/4qiqq8/ethereum_protocol_developer_holds_114877_worth_of/) . Looks like they can't take the loss of the dao because they likely would end in court and would go bankrupt if they wouldn't recover the dao-funds.
The funny part is: eth will be worthless by the time the dao-eth is payed out on one of the two chains.

There is nothing anywhere that suggests they wouldn't push a contentious HF and split their network because they can't possibly take the dao-loss.

Listening to a lot of sources i came to the conclusion they could be crazy enough to make a contentious hardfork. I found nothing that suggests the opposite. Let us know if you find something that suggests they won't do it.
They even treatened to sue miners opposing the fork, remember?

Just read their reddit (not the upvoted stuff)
They are literally trying to hype a contentious hardfork.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
Source?
hero member
Activity: 672
Merit: 500
dETH is the answer. FCT is going to be the new ETH soon. Remember my post. It is now 250k SAT...will be 500k in the next 30 days.
full member
Activity: 182
Merit: 100
ETH seems to want to hardfork without consensus. A split in the network and two eth-chains each claiming to be the original eth is a guaranteed outcome. Tradingpair ETH/ETH is happening in that case.

Question to someone who knows: how real is the possibility of transaction mixing between the chains? Is there an easy-to-understand explanation somewhere how tx-mixing between same chains would work?
Because if that was a likely outcome we wouldn't even have to bother with eth/eth traingpair as both would be guaranteed to plummet to zero very fast.

What's the implications of the upcoming contentious hardfork?
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