One entity owning 70%+ of the hashrate is not centralization? What happens after the fork? One entity has 100% hashrate. This is like fiat. An entity has the power to print money.
Wrong. BCH SV is a centralization of a few miners under the influence of a lunatic professor and a billionaire. I think it's similar to what you said about PoS.
PoS doesn't require any work.. PoW does. There is a massive difference there.
You are probably right, but i'd like to see what it's about.
Its basically people who have lot of money and they don't need to do any work, just hold most amount of coins, being able to dictate all the rules. That's what PoS is about.
Hmmm, sounds oddly similar to the current situation with BCHSV POW.
How is it similar? BCH SV are miners who have to do the work and keep doing the work of mining, there is nothing PoS there. Them using their money to mine BCH SV is benefitical for us.
“But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why?” ― Walter E. Williams
I guess there will be no split technically because ABC will not exist I put my BCH in paper wallets though. No hot wallet BCH except here.
There is still the aftermath to be concerned with. Mining pools, web sites etc. planning to support ABC will have to adjust to SV should ABC not be able to survive.