Wednesday, 14 November 2018

If ABC loses the hashwar, will Bitmain and Co. embrace SV or fork off yet again?

In his interview with Tone Vays, CSW accuses Jihan Wu of failing to get behind big block BTC and instead forked off BCH.

After some thought, I realize that this old, cryptic (at the time) tweet of Jihan's https://twitter.com/jihanwu/status/926076475656126466 seems to support CSW's assertion. (As usual, CSW's assholiness makes it very hard for people to agree with him... <sigh>)

Seeing as how SV seems to be gaining hashpower by the hour, what happens if ABC loses out in the hashrate war? Will they implement emergency replay protection and become a separate chain?

I think this would turn BCH into a joke, with the combined tokens having less and less value. We are in a crypto bear market, and I doubt history will repeat itself again with both forks having more combined value than the one they split off from.

A unified BCH with all parties respecting the outcome of the hashwar - whether BU or ABC or SV - would be far more likely to preserve and even increase the value of the chain. From a strictly game-theoretic perspective, Jihan capitulating - if ABC loses the hashrate war - would make more sense if he wants to keep, or even enhance, the value of Bitmain's >1 million BCH.

submitted by /u/jbperez808
[link] [comments]

source https://www.reddit.com/r/btc/comments/9wsrtr/if_abc_loses_the_hashwar_will_bitmain_and_co/

No comments:

Post a Comment