Post
Topic
Board Bitcoin Discussion
Re: Bitmain announces plan to create altcoin if BIP148 succeeds
by
pokapeski
on 15/06/2017, 08:50:32 UTC
Can we please stop with the "I was in Bitcoin before you and therefore I'm an expert in scaling Bitcoin" & "Satoshis vision"?
These are not arguments!

Please describe how Jihancoin is decentralized? It will be mined by one company only.

Actually we do not know that quite yet. It's difficult to guess who the bitcoin community (whatever the rolo they play) is going to back.
The only deduction I could rightfully make is that the total number of transactions of the 2 chains is going to decrease due to loose of trust in bitcoin-ish cryptostuff and because both, Bigblocking and Segxit, are meassures to tackle bottlenecks in transaction flows. Therefore transaction fees are to fall. we all should cheer about that, at least, no matter if you are a user, a holder, a miner or a trader.

It is also soon to value the impact on bitcoin public image.