Also love the fact that the FUD posters ignore the simple reason why it was not a choice but a necessity to fork to protect the community.
1 entity controlling 8 million coins that decided to stake them all would have had well over the 51% needed of the STAKING coins.
They will continue to ignore it.
Just so I understand correctly:
Are you saying that Mintpal (forgetting about the hack at the moment) already had the power to do a majority attack against the VRC network?
How is it different from the hacker owning the coin or Mintpal owning it?
Isn't the whole problem that it is just one entity owning the coin and able to attack the system?
If it isn't dangerous if Mintpal holds it, how is it suddenly dangerous now?
Mintpal I doubt would jeopardize their arguably decent business for vrc a coin you are trying to say is worthless.
I am 100% sure mintpal will not allow this to happen again. Also the community will not let it happen. No way will they trust a 3rd party entity that keeps 8 million in a hot wallet.
I can't imagine how much vrc will be moved off mp as this settles out. Many will also realize that a coin that transacts as fast as vrc does is fine sitting in their wallets staking. This will further strengthen the system after this educational experience.