chatbot squad (OP)
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June 14, 2017, 02:22:56 PM |
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if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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alani123
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June 14, 2017, 02:25:51 PM |
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I don't think that "legacy" is the right term here. IMHO the chain with the most hashpower support is the most viable one but it wouldn't be too unlikely to see two chains moving alongside eachother. ETH and ETC are doing this as we speak, but in bitcoin's case things could be a little different due to how much of a following it has.
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CraigWrightBTC
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June 14, 2017, 02:34:29 PM |
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I am doubt if bitcoins splits into 2 different coins, should the developers and comunity of bitcoins
can learn about ethereum's hard fork, there are problem on ethereum's network
and the comunity of ethereum had becomed two, they are ethereum classic and ethereum ETC and ETH
that is bad for ecosystem of ethereum.
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Red-Apple
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June 14, 2017, 02:59:32 PM |
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if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives. but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it. |
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bathrobehero
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ICO? Not even once.
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June 14, 2017, 03:03:31 PM |
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if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives. but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it. Exactly because of politics the lesser chain won't just quickly die. Some people will inevitably support it. |
Not your keys, not your coins!
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FlamingFingers
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June 14, 2017, 03:12:32 PM |
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Well, not a very small chance according to this: https://coin.dance/blocks. Although Bitcoin Core dominates nodes, the mining pools are still divided. More blocks are being mined signaling SegWit, but still nothing real has come to the surface to eliminate this. |
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Ayers
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June 14, 2017, 03:22:48 PM |
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if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
yes one will be the altcoin, and this one is not core, everything which is not core is an altcoin, always remember this, and the new chain will not be controlled by mienrs, but by exchange like always will be i think if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives. but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it. not that remote anymore did you see the post about theymos? bitamin is aiming to mine another fork of bitcoin like classic bitcoin or BU or another random shitty name lol |
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chatbot squad (OP)
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June 17, 2017, 04:17:24 PM |
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the miners are going to implement the changes of the industry agreement will this be good for bitcoin economics is it a open discussion? because apparently core is against the agreement
Is it an issue for bitcoin development will the Price rise?
is this a change in bitcoin economics it is a proper solution to the scaling problem?what will core developers do?will they work on a another versión of bitcoin is the change necessary can there be different versión of bitcoin the developers will work on all versión?what will core do?
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alani123
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June 18, 2017, 06:10:28 AM |
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the miners are going to implement the changes of the industry agreement will this be good for bitcoin economics is it a open discussion? because apparently core is against the agreement
Is it an issue for bitcoin development will the Price rise?
is this a change in bitcoin economics it is a proper solution to the scaling problem?what will core developers do?will they work on a another versión of bitcoin is the change necessary can there be different versión of bitcoin the developers will work on all versión?what will core do?
Core is for UASF and believe it or not, it's the least radical approach. I do believe that mines will follow through with it in due time as it's the least risky solution. Bitmain is playing games to try and measure their power but because there's still time. If they see not to be receiving much support they'll switch to the most popular chain supported by the economic majority immediately because doing otherwise would be too costly. |
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ubercool
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June 18, 2017, 06:27:36 AM |
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if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives. but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it. Exactly because of politics the lesser chain won't just quickly die. Some people will inevitably support it. I too felt lots of politics and tension between the two sides of the BTC. One is eagerly trying to postpone Hardfork and the other one is wasting money to block the chain of transactions. I know that where there is money involved there will be definitely politics but this is kinda huge. |
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asriloni
Legendary
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Activity: 3010
Merit: 1024
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June 18, 2017, 06:35:32 AM |
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if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
the chances of splitting into two is very small because nobody wants it and miners will be risking a lot of money if that happens and there is no way of knowing which chain will be worth more or even survives. but the most possible outcome in case of a split is two chains for a short time and one of them dying. because bitcoin at this point (sadly) is not just a cryptocurrency but a lot of politics is mixed with it. Exactly because of politics the lesser chain won't just quickly die. Some people will inevitably support it. I too felt lots of politics and tension between the two sides of the BTC. One is eagerly trying to postpone Hardfork and the other one is wasting money to block the chain of transactions. I know that where there is money involved there will be definitely politics but this is kinda huge. Remember we are on the scaling agreement which will be running in august. lets take your chair and coffee. just see what will be happened with bitcoin august. All of the result will be final in the august. The politics will be ended. |
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jezus
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June 18, 2017, 08:19:26 AM |
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I am holding 1 btc to see what happend.
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jaberwock
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June 18, 2017, 04:44:20 PM |
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Yes. There forever will be only one design that started the crypto world. Even if it becomes not the most popular, still will be the first and original one, the others being adaptations, also known as alts.
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andrei56
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June 18, 2017, 06:48:01 PM |
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if bitcoin splits into 2 differents coins would bitcoin legacy be a altcoin?what would change about the 2 coins?on would be control by miners?each coins with different developers?
The altcoin will be the one with the less support, it is simple, if bitcoin legacy is the one with the most support then that will be bitcoin, if bitcoin BIP 148 is the one with the most support then that will be the bitcoin and the other will be the altcoin. |
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