Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
Guy Corem
on 21/01/2016, 18:12:17 UTC

So,
My estimation is that Core team will split. Some will continue to work on Core but on Classic chain, buy some will prefer to do PoW (and Transaction ID) change rather to submit to the new governance.

Guy

Edit: Interesting times. I think that two competing Chains is the favorable outcome. Each will be entitled to the name "Bitcoin" since both came into existence after hard-fork.

are you kidding? favorable to what? maybe to development in some sense, but not bitcoin's value.
Imagine the nightmare of having an "old" bitcoin in a wallet and then deciding on what chain to spend it and have change deposited to.
90% of people will simply sell or do NO transactions altogether and wait until one chain would be dominant.
In addition, say, i decided to sell carbonated sugar syrup and call it "Coca Cola next generation".
Do you think that I would be able to do it?


You might want to read Meni Rosenfeld: http://fieryspinningsword.com/2015/08/25/how-i-learned-to-stop-worrying-and-love-the-fork/
https://www.reddit.com/r/Bitcoin/comments/3i9eiv/how_i_learned_to_stop_worrying_and_love_the_fork/