Post
Topic
Board Bitcoin Discussion
Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
by
jbreher
on 06/07/2016, 17:05:27 UTC
What happens if the miners use hashpower as coercion as the network is that their blocks get invalidated and the coins that are being mined are worthless.

Unless, of course, the economic majority accepts the new rules. In which case the stubborn few stragglers find themselves on a fork unsupported by the security of massive hashpower.