In other words: slower transactions will cost more to send?
he talked about bitshares with 4-6 hours adjustement ... bitcoin would simply be sold off and abandoned if it came to that because 2016 blocks adjustement is two weeks - but only two weeks at normal blocktime. Get the spin?
Network would come to a halt most likely.
My question remains:
does any sudden and harsh drop in hashrate
automatically cause this scenario to happen?
Is a single serious set-back in hashrate the end of BTC? Is it really that easy to knock out? OMFG!
What happens when a large pool with let's say 30% of the network has technical problems and just goes offline and hash isn't replaced fast enough? Bitcoin dead?
Looking for some answers here