Is there a possibility of the Bitcoin community splitting and two different Bitcoins existing at the same time?
I know how crazy the question sounds but it needed to be asked after reading this opinion piece
1.Think about it for a moment, the author argues that we are yet to see any evidence that Bitcoin comes to a unanimous agreement on improving the entire transaction
capacity/payment system.
According to them, because of the decentralized nature of the Bitcoin community there needs to be 95%
consensus inorder to upgrade the protocol in any way. And it seems unachievable to have a consensus as everyone has their own opinion coupled with the fact that the Bitcoin community is so large.This situation could lead to a dilemma where we'd have to choose
an improving system update, but if a decision is made without full consensus two different Bitcoins
could exist at the same time.
*Please note that this doesn't in any way reflect any opinion of mine.
1.
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-1617162-136918.pdf