Post
Topic
Board Bitcoin Discussion
Re: Israeli Bitcoin Association Statement about Hashrate Attacks
by
Wind_FURY
on 20/04/2017, 01:20:08 UTC

Brohim, you should read Satoshi's whitepaper again.  Splitting the network and ecosystem in two and having 2 bitcoins sharing or shaming the brand is not the way to go.  What's to stop someone from splintering it into 4 or more?  Would you like to see 8 bitcoins?  Would that coddle your coexist feelers? 

By design and for the best interest of Bitcoin's long-term survival, the short chain will be [naturally] killed off as outlined in Satoshi's original paper/vision.

xoxo,

Jericho911

It was not the case for Ethereum and Ethereum Classic though. This makes me wonder what Satoshi's thoughts are and how that could possibly happen to Bitcoin. Before the Ethereum split, was it supposed to happen in practice?

Interesting to see "Ethereum" token much higher priced than "Classic" token so brand is important

Yes because the founders and the real "official" developers behind it were the same people who decided to go for the hard fork. But that is not what I was asking in my post above and what the price might be should not affect your opinion. The point is the Ethereum Foundation said the fork will not result in 2 chains but now here are 2.