Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Luckycoin LKY | New Official Thread | Get Lucky!
by
lkyinvestor
on 21/01/2025, 23:50:43 UTC
If at some point in the future, crypto community returns to fairness - to the original chain, that will mean losses for current buyers of fake LKY.
There is a big everlasting risk, and obviously smart exchanges or pools will not participate in supporting of forked chain.
Anyway, of course, there will be pools and exchanges who will support it. Then just imagine that someone with huge resources (for instance, someone like Binance owner) will make another "revival" from the block #1, happened in May, 2013.
Buyers of new LKY then would be in the same boat with buyers of original LKY - their funds would disappear in the 3rd chain of another LKY, which would be present on Binance, and no one would care about LKY listed on small nonkyc-like exchanges, people would prefer to deal with new one, from Binance.

As one man said on the similar point:


Precisely the kind of thing blockchain was intended to prevent.


-MarkM-

Obviously, buyers of new LKY could also be interested in saving the original chain, if there is one chain and all funds are safe, all is fair - then there is no risk, no fraud, and no negative emotions from crypto community - then the future of project could be really bright. Why not just slightly change the code to include all blocks found before a fork point in 2024? That would solve the issue.