Post
Topic
Board Bitcoin Discussion
Re: Hardfork = Mitosis
by
RealBitcoin
on 18/07/2016, 13:18:46 UTC

a hard fork only happens AFTER consensus is reached.


Maybe yes maybe not.

If Classic gets 50% of users, and they decide to still roll out the hardfork, just to prove their point, that would be very bad. And I can imagine them doing that.

But then again what is consensus? If 90% of miners agree, but then later they backstab eachother?

They will fight and bitcoin splits.It will stabilize at 50-50%, that is the equilibrium state.



So the only way bitcoin will win is to not fight.

Any amount of fighting will only destabilize bitcoin.