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BitcoinIsP2PC4$H
2234d · Bitcoin Cash
Is there going to be a chain split? If yes, could you explain why you think so or point towards a reference? Thanks 🤙🏼
replied 2234d
I dont think so. No one in the space wants a split as it would be devastating for encouraging adoption. we dont want to explain to merchants/new ppl what BSV or BABC is
replied 2234d
Also, miners tolerance for losing money is low from supporting a minority chain that dies off. mining pools that initially support the loser cannot afford this as many would lose $$$
replied 2234d
If they do support a minority chain, they will quickly change to the majority to recoup funds, therefore ensuring that we do not have a persistent chain split, and retain one BCH chain
BitcoinIsP2PC4$H
replied 2234d
However both chains would include the upgraded difficulty adjustment algorithm so the minority chain could technically stay afloat on the back of a single miner using a Motorola 68k