Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: TimeBits on August 14, 2019, 10:40:04 PM



Title: Remeber that time ETH doubled its supply using centralization
Post by: TimeBits on August 14, 2019, 10:40:04 PM
Thank Creator, bitcoin never did that.

https://media.tenor.com/images/cfe0319ffee89400faba869278ebd2ee/tenor.gif

https://coinmarketcap.com/currencies/ethereum-classic/
https://coinmarketcap.com/currencies/ethereum/

Do you think that is right of Vitalik Buterin to use his power to go back and change the chain?

Does this not go against core blockchain values? What the fuck is the point of having a blockchain then?


Title: Re: Remeber that time ETH doubled it`s supply using centralization
Post by: CoinEraser on August 15, 2019, 12:38:09 AM
Your post is in the wrong board. You should move it to altcoin section. This board is only for Bitcoin related stuff.  ;)
https://bitcointalk.org/index.php?board=67.0

EDIT: Now your thread is on the right board.  :)


Title: Re: Remeber that time ETH doubled its supply using centralization
Post by: mk4 on August 15, 2019, 03:48:01 AM
I'm not going to argue about Ethereum's centralization, because it definitely is, but ETC only exists because of a minority disagreeing with the move done by Vitalik(and probably majority of the devs). They literally left ETC to die with very very little development so I don't think ETC matters in terms of ETH's supply, just as BCH and BSV doesn't matter in terms of BTC's supply.


Title: Re: Remeber that time ETH doubled its supply using centralization
Post by: Herbert2020 on August 15, 2019, 05:28:43 AM
fork coins are not the same coin, they have separate blockchain and separate transactions and separate price. as a result you can't say the "supply" was doubled when they created a copy of their blockchain. ethereum supply is still the same as it has always been (unlimited) but ever since that fork there is a copy called ETH from the original chain called ETC.