Post
Topic
Board Bitcoin Discussion
Re: NO MORE FORKING BITCOIN
by
Basmic
on 28/08/2017, 11:43:48 UTC
I think that it is a matter of time before the market catches on to this fraud of forking, which literally billions of dollars of value from nowhere.
there is nothing wrong with forking bitcoin. there has been other forks in bitcoin throughout the history, you just never heard of any of them because the politics never got involved in any of these forks and each went smoothly and with consensus.

if you have a problem with a specific fork then come out and say it directly. fork in general is not bad and it is actually needed to move forward.

Quote
The only reason BTC has any value is that it has name recognition and a reputation for stability (compared to eth atleast). We need to save BTC from this tyranny which causes instability and goes against the fundamental of cryptos.
stability of bitcoin comes from it being decentralized and each fork being based on consensus.
for example SegWit was originally planned to fork after 95% support.
the fork for activating BIP16 (P2SH) was also after 95% support
compared to altcoins the dev decides they need a fork and releases an "upgrade" which everyone has to follow.
If you try to break a bunch of branches then you will not succeed, but if you pull one thread you can easily break the entire bundle. This could happen with bitcoin. It is a pity that people do not understand. Any plug affects the credibility of bitcoin. In the end, it could kill him.