Post
Topic
Board Bitcoin Discussion
Re: Bitmain announces plan to create altcoin if BIP148 succeeds
by
intense
on 14/06/2017, 14:48:08 UTC
Majority hashrate + original blockchain = Bitcoin
Majority can only be economic

Economic majority doesn't mean shit unless they put their money where their mouths are and start mining. You could have 90% of all BTC and be completely unable to stop a hardfork because it's secured by proof of work, not proof of stake. And it's the hashrate that gives users the ability to trust the network. A minority fork is worthless because it's easily subject to a 51% attack giving users no reason to trust it.