For the less tech savvy among us? What does this translate to for the value of bitcoin and its forks? (Not counting SV, of course)
The value of these networks are being determined on highly manipulated exchanges, purely driven by speculation.
All POW based networks assume that majority of the miners is not hostile. It is highly dangerous to have a single entity controlling 51%+ of the network.
Mind, attacks can be executed from as low as 25% of the total hashrate present on the network. BCH is vulnerable because it has on 1-3% of the global SHA256 hashpower, meaning...
...that a single semi-wealthy person could attack it if he/she wanted to. Now ponder the groups that are vocally anti-BCH....
#ChangeThePOW
