Not a chicken and egg problem at all. The blocksize is not what businesses look at when considering accepting Bitcoin. Adoption first increase the blocksize as needed.
Let me repeat, there will be NO massive adoption of Bitcoin as money until the price swings are within a small range year to year. It will be a commodity ledger first, or it will die.
At this point is ABC just delaying the inevitable? Or is there a chance ABC can win this without replay protection?
If ABC can clearly demonstrate that it has a product worth billions maybe some miners will take a chance on it?? If not, it's just an temporarily animated corpse.
ABC wins. ABC side gets to keep BCH and the SV side will be BSV. Announcement is on coin dance.
Proof of announcement!!! By decree, we the benevolent coin dance, declare ABC the true Bitcoin Cash. 😂😂😂 Looks like Jimmy Song was right, BCH is fiat! lololol
I don't think very many people realize that if Jihan does not come in to defend Bitcoin.com's blocks they'll lose every single satoshi they mined today.
Also BTC difficulty will adjust in about 20 hours. #hashwar
It's always interesting to me how people project their ideals and preconceived beliefs onto Bitcoin. So called influencers are going to be real sad when it doesn't fulfill their ideological worldview.
Lol, well, I'm looking forward to how they rationalize when Jihan do attack SV. Hahaha.
Oh they've already rationalized it. That's how you can tell it's astroturfing - glaring double standards(not to mention the robotic, repetitive talking points)
Based on this fact, and the fact that CSW knew how to play the game of Bitcoin better, I would place my bets on CSW on the upcoming hash battle. (Note that CSW can kiss my ass)
What irks me is Jihan/Haipo are not even putting up a fight at all. They are absolutely terrified of being judged by the markets but they should show they are the stewards of Bitcoin
Any rational ABC supporter SHOULD really be preparing how to double spend and reorg SV chain. But alas, most can't fathom this. "Attacks are unethical and immoral!"
Lol. Just continue your PoSM and get rekt on 15th.
Yup. they need ~67% of current BCH hash rate though - the bar has been raised. miners need to consider this stuff, they can no longer sit and just passively try to make money
The using same logic Bitcoin Cash was attack on Bitcoin?
The truth is, if you're deploying hashing power pointed at a certain implementation you're merely voting. With no replay-protection it's a winner take all election.
The using same logic Bitcoin Cash was attack on Bitcoin?
The ppl who scream "he's trying to take control!" don't know how Bitcoin works. For it to be an "attack" CSW has to be willing to lose everything. If he's king and he sucks - bye bye!
Even if I hated CSW (I’m neutral), i’d still respect the Nakamoto consensus. BS has zero hashpower and took over BTC. What’s up with minority/zero hashpower ruling ? 🤦♂️