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Topic: Proof of work debate? Threatened 51% attack due to fork debate - page 4. (Read 2580 times)

legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Apparently the Bitcoin subreddits are talking about this as a huge focus and it isn't being brought up here. Rumor has it that Bitmain has threatened a 51% attack if the BU fork happens, this has now started for a push for a new algorithm debate.I haven't found all the information​ but this seems like it could be the worst outcome, split coin and changed algorithm could only devalue Bitcoin more and more.

Pretty sure this is FUD.

I doubt miners would waste their resources on such a convoluted scheme (attack a chain and then turn around and mine on the opposite chain), especially since they need all the resources they can get to show strong hashpower majority on the new chain. 




 
 
sr. member
Activity: 254
Merit: 1258
Apparently the Bitcoin subreddits are talking about this as a huge focus and it isn't being brought up here. Rumor has it that Bitmain has threatened a 51% attack if the BU fork happens, this has now started for a push for a new algorithm debate.I haven't found all the information​ but this seems like it could be the worst outcome, split coin and changed algorithm could only devalue Bitcoin more and more.
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