Quote from: franky1 on March 09, 2017, 08:16:57 AM

Quote from: dinofelis on March 09, 2017, 08:09:52 AM

Well, then you ALSO create an (incompatible) alt coin. That's what a hard fork is: to create an alt coin.

nope.
your over using the umbrella term hard fork but not understanding the categories within the hard vs soft.
save rewriting to repeat myself

Quote from: franky1 on March 06, 2017, 09:40:51 PM

in short
soft=pools only
hard= NODES then pools
save repeating myself:

Quote from: franky1 on February 27, 2017, 08:40:07 PM

below these umbrella terms is what could happen.. in both hard and soft it can either continue as one chain. or bilateral split
softfork: consensus - >94% pools no banning/ignoring of minority. result: small 5% orphan drama then one chain. minority unsynced and dead
softfork: controversial - >50% pools no banning/ignoring of minority. result: long big% orphan drama then one chain. minority unsynced and dead
softfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

hardfork: consensus - >94% nodes, then >94% pools no banning/ignoring of minority. result: 5% orphan drama then one chain. minority unsynced / dead
hardfork: controversial - >50% nodes, then >50% pools no banning/ignoring of minority. result: big% orphan drama then one chain. minority unsynced / dead
hardfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

You are simply wrong on this.

A hard fork without a strong consensus ALWAYS leads to two coins.

A soft fork with a majority consensus amongst miners ALWAYS imposes its rules and one chain emerges.

A hard fork is defined as a modification in the protocol, so that new blocks under the hard fork are not valid under the old protocol. You still have two cases: the hard fork can be backward compatible, so that blocks under the old protocol are still valid under the new protocol (call it a backward compatible hard fork), or you can have a genuine hard fork that is entirely incompatible.

A soft fork is defined as a modification in the protocol, so that new blocks under the soft fork are still valid under the old protocol, but that blocks under the old protocol aren't valid any more under the new protocol.

Case of a soft fork:
- if a minority of miners adopts it, not really an effect.
- if a majority of miners adopts it, it is IMPOSED UPON the others. A single chain is always the result. The user has no choice.

Case of a full hard fork:
- from the moment a non-negligible fraction of the miners adopts it, TWO COINS emerge. The market will split the market cap over the two coins, and miners will follow that ratio. It is possible that the market entirely kills one of the coins, or that essentially ALL miners adopt it: ---> consensus is preserved. ONLY IN THIS CASE, a single chain emerges (the "alt coin" in case of full consensus).

Case of a backward compatible hard fork:
the old protocol can be seen as a soft fork from the hard fork.
- As such, as long as the old protocol remains a majority, this "soft fork" remains imposed, the hard fork cannot happen.
- if the hard fork is majority, it can split the chain into two coins, like a full hard fork.
However, if the hard fork loses majority, the second chain becomes a major orphan, and is taken over by the old protocol chain (can be six months later) --> super cluster fuck.