In Bitcoin, if most participants agree, no significant fork results (Bitcoin Gold’s recent reorg protection).
If a significant portion of the participants don’t agree, a fork results (BCH, BSV).
And sometimes, everyone gets richer when this happens.
If the fork has something to offer, it lives.
Until it dies of course.
Unless it remains competitive.
This is Game Theory’s Nash Equilibrium, built on top of proof of work.
Welcome to Bitcoin.
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source https://www.reddit.com/r/btc/comments/hpn9ej/bitcoins_nash_equilibrium/
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