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replied 1678d
The current state is an order of magnitude more dangerous.
replied 1678d
Agree with all TLT :-)
but if Algo change is done without BCH ABC and others, we risk splitting to a new name & ticker
if algo change is done with consensus,rivals will mine old chain
replied 1678d
Indeed. To do a successful algo change majority of the non-mining players and users have to upgrade including the exchanges.
replied 1678d
Especially the Exchanges. Otherwise the miner and Exchanges stay on the old chain and keep BCH ticker.
replied 1678d
Exchanges most of the time will follow the main devs.
Devs that control the git get control of the name and ticker.
replied 1678d
this. Also, monero proved that no one will give a shit about the "old-miner" branch if everyone else upgrades.
replied 1678d
It's the same with any hard fork upgrade.
replied 1678d
The irrelevant amount of SHA256 hash would just move back to BTC.
replied 1678d
Hurdles will be there, but they can be overcome eventually....something must be done long term before eco warriors turn against mining too.