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replied 1981d
You can't ignore that having 1-2% of the total SHA256 hasrate is a systemic risk in itself and deters investments and usage.
replied 1981d
...but... but... flippening?!? I was promised it would happen soon. Any minute now for certain.
And besides, miners are our fwends. They would never hurt us, right?
homopit
replied 1980d
What?
replied 1980d
The reasons as to why sticking with SHA256 is supposed to good for BCH seem to change as often as BTC change their narrative on what bitcoin was supposed to be.
replied 1981d
You can fine tune diff changes, but all you do is smearing lipstick on a pig.
replied 1981d
As an example, Monero defended its sovereignty twice by changing the algorithm and every single time it made the network stronger.
replied 1981d
Currently, BCH could still pull it off (there are enough community support to put enough CPU/GPU hashpower behind a new algo), but this window of opportunity is closing rapidly.