I have been thinking hard lately on hardforks and on smallblock vs bigblock debate, and I have realized now that hardfork should be avoided at all cost.
A hardfork of a blockchain, can be exactly compared to the mitosis of a cell. The DNA of a cell is copied from 1 nucleus to the other, and then the cell is divided. The same way the blockchain (which is like the genetic code of bitcoin) is copied, and then the chain itself is divided.
(Yes ladies and gentlemen,Bitcoin literally is an artificial living organism like a cell.)
Therefore if you are invested in Bitcoin, your money will also be divided in half. Yes many shills are telling you that a hardfork will stabilize fast and everyone will jump to 1 chain or the other. But that is never the case in nature, it's always a 50-50% equilibrium.
Cell
Bitcoin
Therefore if a Bitcoin hardfork were to occur, most likely your money will be halved, because both chains would be equally valid, and they will both coexist.
So only an idiot would support a hardfork, which is literally begging for your money to be halved.
Now Ethereum will have a situation pretty soon where a hardfork can occur, so people should watch that closely, because it can set an example what would happen to bitcoin in an event of hardfork.
If ETH hardforks, and it gets 50-50%, those people will lose half of their money.
It will be interesting to see what will happen.
A hardfork of a blockchain, can be exactly compared to the mitosis of a cell. The DNA of a cell is copied from 1 nucleus to the other, and then the cell is divided. The same way the blockchain (which is like the genetic code of bitcoin) is copied, and then the chain itself is divided.
(Yes ladies and gentlemen,Bitcoin literally is an artificial living organism like a cell.)
Therefore if you are invested in Bitcoin, your money will also be divided in half. Yes many shills are telling you that a hardfork will stabilize fast and everyone will jump to 1 chain or the other. But that is never the case in nature, it's always a 50-50% equilibrium.
Cell
Bitcoin
Therefore if a Bitcoin hardfork were to occur, most likely your money will be halved, because both chains would be equally valid, and they will both coexist.
So only an idiot would support a hardfork, which is literally begging for your money to be halved.
Now Ethereum will have a situation pretty soon where a hardfork can occur, so people should watch that closely, because it can set an example what would happen to bitcoin in an event of hardfork.
If ETH hardforks, and it gets 50-50%, those people will lose half of their money.
It will be interesting to see what will happen.
This is a very interesting topic and the author has made it more interesting by making a concrete explanation using the cells and how it reproduce. But at this moment I will not comment about its validity, there are some points but I need to research thoroughly about this matter.