Tuesday, 4 August 2020

ABC is run by all exchanges and most miners. This is unlikely to change

We saw from the BTC/BCH and BCH/BSV split that the incumbent keeps the ticker symbol and majority hashrate and infrastructure.

"Gettting rid" of ABC like what everyone is trying to do right now will cause a split and ABC will keep the above.

Most likely every decision made by the ABC team was thoroughly vetted by the miners that pay them. None of this is random. They will not abandon ABC. Also I don't hear anything from the Asian community. Maybe someone has communications?

So what is actually being accomplished here? a minority fork without ABC? Again, miners will continue with the incumbent. Exchanges, crypto wallets and most infrastructure will remain under the BCH ticker that is associated with ABC.

What is the plan to change that? is that even possible?

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

source https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/

No comments:

Post a Comment