Yeah true, at least they're starting with a 140gb blockchain. I wish them good luck with that freaking mess. I wonder if they will have a wallet or if they'll be like bitcoin gold and never get off the ground haha.
Gold and silver go hand in hand lol. So wouldn't be surprised if Bitcoin Silver also ends up like bitcoin gold. These hard forks are essentially just an way of the developers to gain popularity for their shitcoins. If they developed an altcoin like others they won't get much popularity, but with so called 'forking' from BTC, they get to use the word 'bitcoin' and gain extra popularity
Yeah I think thats a good point. Piggy-backing on an a "notable" cryptocurrency network gives hard-forkers an advantage in terms of existing users and brand awareness. But these are marketing reasons.
I actually asked this question in another thread, but still:
My question is, from a
technology perspective, why do these projects need to fork the bitcoin blockchain and why dont they just start a new one, with their own consensus and other rules? What is the
technological benefit in staying on / forking the bitcoin blockchain?
If there is absolutely none, then this is just "stealing" the brand name.
But on the other hand, how would the initial/core/true team actually ever improve the technological parameters when they wished so? Would they need to always start a new chain and forks would (should) not exist?