submitted by /u/EatBCH [link] [comments] |
source https://www.reddit.com/r/btc/comments/ihbjax/thanks_to_new_pledges_weve_just_reached_50_our/
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Since u/ClarenceBCH only posted 2 bad possible outcomes, I'm going to post 2 good ones to restore some balance.
The no-IFP coalition gets vast majority of hashrate in November. Those mining with ABC fork off onto a very small minority hashpower chain without nearly any ecosystem support. Their taxcoin is worth a fraction of BCH. Nobody gives a shit except themselves and a few pump-and-dumpers. The devs and coat-tail-riders fake rage-quit after cashing out retire or return back to Facebook, LinkedIn, AvaLabs or whatever they prefer. Some of their employees who might actually not have supported the IFP stay on and continue to apply their skills to BCH software and business development. The network effect is largely preserved and good growth and development is possible again.
Miners persuade ABC to drop its splitting plans, whether directly or through on-chain signaling of their opposition to IFP. ABC issues a new client version that is IFP-free. ABC takes a minor hit on user base, but remains otherwise a viable option and continues the development plans on the roadmap together with the other clients. A large majority of the BCH community rejoices at the aversion of a potentially damaging split. The November upgrade passes smoothly and protocol devs, builders, marketers can all resume focusing on their respective work to improve the network, providing value to everyone.
Just posting this to show that good outcomes are imaginable, even achievable. It depends on everyone...