Post
Topic
Board Development & Technical Discussion
Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another?
by
johnyj
on 01/02/2016, 00:20:12 UTC
It's the authority to accept or reject that Chinese miners could conceivably wrest from Core.

It's possible that overwhelming hashpower could allow them to succeed.

You mean in a contentious hard fork situation? Ain't nobody got time for that. Roll Eyes

You're darn tootin'.

When you're got more than 90% of the hashpower, it's not really contentious any more.

This is just hypothetical, but imagine the other 10% consists of die-hard nutters for whom it isn't just about the money?

There are already people who would like to see bitcoin become a totally anonymous and trace-less system, so that no one can really understand how money moves in this system. But they can already fork their small chain and use that new dark bitcoin, and there will be people specifically interested in those features. But to hijack the whole network hash power to support their chain will be too much, I think majority of the large actors in this industry must follow regulation due to their size and visibility