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Topic: if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin? (Read 588 times)

sr. member
Activity: 840
Merit: 254
if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
The altcoin will be the one with the less support, it is simple, if bitcoin legacy is the one with the most support then that will be bitcoin, if bitcoin BIP 148 is the one with the most support then that will be the bitcoin and the other will be the altcoin.
legendary
Activity: 2660
Merit: 1074
Yes. There forever will be only one design that started the crypto world. Even if it becomes not the most popular, still will be the first and original one, the others being adaptations, also known as alts.
sr. member
Activity: 560
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I am holding 1 btc to see what happend.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?

the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives.

but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it.

Exactly because of politics the lesser chain won't just quickly die. Some people will inevitably support it.

I too felt lots of politics and tension between the two sides of the BTC. One is eagerly trying to postpone Hardfork and the other one is wasting money to block the chain of transactions. I know that where there is money involved there will be definitely politics but this is kinda huge.
Remember we are on the scaling agreement which will be running in august. lets take your chair and coffee. just see what will be happened with bitcoin august. All of the result will be final in the august.
The politics will be ended.
hero member
Activity: 1078
Merit: 504
if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?

the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives.

but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it.

Exactly because of politics the lesser chain won't just quickly die. Some people will inevitably support it.

I too felt lots of politics and tension between the two sides of the BTC. One is eagerly trying to postpone Hardfork and the other one is wasting money to block the chain of transactions. I know that where there is money involved there will be definitely politics but this is kinda huge.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
the miners are going to implement the changes of the industry agreement will this be good for bitcoin economics is it a open discussion? because apparently core is against the agreement

Is it an issue for bitcoin development will the Price rise?

is this a change in bitcoin economics it is a proper solution to the scaling problem?what will core developers do?will they work on a another versión of bitcoin is the change necessary can there be different versión of bitcoin the developers will work on all versión?what will core do?

Core is for UASF and believe it or not, it's the least radical approach. I do believe that mines will follow through with it in due time as it's the least risky solution. Bitmain is playing games to try and measure their power but because there's still time. If they see not to be receiving much support they'll switch to the most popular chain supported by the economic majority immediately because doing otherwise would be too costly.
newbie
Activity: 12
Merit: 0
the miners are going to implement the changes of the industry agreement will this be good for bitcoin economics is it a open discussion? because apparently core is against the agreement

Is it an issue for bitcoin development will the Price rise?

is this a change in bitcoin economics it is a proper solution to the scaling problem?what will core developers do?will they work on a another versión of bitcoin is the change necessary can there be different versión of bitcoin the developers will work on all versión?what will core do?
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?

yes one will be the altcoin, and this one is not core, everything which is not core is an altcoin, always remember this, and the new chain will not be controlled by mienrs, but by exchange like always will be i think

if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?

the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives.

but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it.

not that remote anymore did you see the post about theymos? bitamin is aiming to mine another fork of bitcoin like classic bitcoin or BU or another random shitty name lol
sr. member
Activity: 1344
Merit: 288
Well, not a very small chance according to this: https://coin.dance/blocks. Although Bitcoin Core dominates nodes, the mining pools are still divided. More blocks are being mined signaling SegWit, but still nothing real has come to the surface to eliminate this.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?

the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives.

but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it.

Exactly because of politics the lesser chain won't just quickly die. Some people will inevitably support it.
hero member
Activity: 1470
Merit: 655
if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?

the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives.

but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it.
hero member
Activity: 518
Merit: 500
I am doubt if bitcoins splits into 2 different coins, should the developers and comunity of bitcoins
can learn about ethereum's hard fork, there are problem on ethereum's network
and the comunity of ethereum had becomed two, they are ethereum classic and ethereum ETC and ETH
that is bad for ecosystem of ethereum.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
I don't think that "legacy" is the right term here. IMHO the chain with the most hashpower support is the most viable one but it wouldn't be too unlikely to see two chains moving alongside eachother. ETH and ETC are doing this as we speak, but in bitcoin's case things could be a little different due to how much of a following it has.
newbie
Activity: 12
Merit: 0
if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
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