No. Too much volume. BTC tanked because fees went sky high. The proof is how much people were using BTC to purchase things, and then the 80% drop after 50.00 per transaction fees.
I think it was pumped up to avoid a flippening. The only evidence I have is price action and history of miners moving back and forth but it's pretty intriguing if you look closely.
Looking back, EDA should have been removed as soon as the difficulty stabilized, its implementation had game-changing economic consequences
I have been thinking the same thing, though no proof as you allude to. tether printing ramped up at the same time as well. also i think EDA was an economics disaster
That's another reason why I'm suspicious of ABC being a Trojan horse. CTOR looks real segwitty
It should be even Stephan across the board. Pools won't 51% attack because miners will ditch it the second they pull any shady buisiness. Demonizing miners doesn't win hash wars.
Not to mention the obvious (and very cheap)DoS attack vector. Am I the only one who thinks this?
I'm curious about the DoS attack, could you explain?
Half the planet gets it in one order, the other half in the other order. If a miner finds a block before getting the order correct they get orphaned by ~half of the other miners.
Rappidly broadcast two of the same transactions in opposite order from relay nodes on opposite sides of the planet, rinse repeat. Nodes have to constantly reorder wasting bandwidth.
There was an article that came out on how much BTC was being used to buy goods and then spending dropped 80% because of the fees.
