Why no forks these days?

[Zoomic]

When you read old threads, you will hear of many soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

[hosemary]

Bitcoin cash and all other altcoins you mentioned are just some useless coins. The hash rate of Bitcoin cash (which has been the most successful fork of bitcoin) is only 0.4% of hash rate of bitcoin.
We don't need any more shitcoins and if there's any other fork of bitcoin like bch, bsv, etc. most of the people will probably sell them just to get rid of them.

[GreatArkansas]

I believe it's because it will not be more beneficial to them, as they can't make money out of it anymore. Just like what happened to Bitcoin Cash and other - where are they now?
But maybe not now, or near future. But what if someone comes again and forks Bitcoin just like Bitcoin Cash and makes hype or claims they they are Satoshi Nakamoto 

[CryptoYar]

[...]

Yes many people agree this especially those who believe Bitcoin is only real and secure cryptocurrency. You are right that Bitcoin huge lead in hash rate which shows its security makes powerful case against Bitcoin Cash. These shitcoins are are just copies of Bitcoin without same level of trust and network support.
Market has always shown it prefers Bitcoin so it makes sense that any new copies would likely be sold off quickly as history has proven that just copying code is not enough to build same kind of security and trust as Bitcoin.

[Charles-Tim]

When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.

Bitcoin SV is a fork of bitcoin cash (BCH).

What happened differently  that there are no threats or signs of forking?

Let see what will happen during this post quantum proposal. But no one should wish for a hard fork. Those coins that forked out of bitcoin are now all not like bitcoin but they are like those shit coins.

Bitcoin cash and all other altcoins you mentioned are just some useless coins. The hash rate of Bitcoin cash (which has been the most successful fork of bitcoin) is only 0.4% of hash rate of bitcoin.
We don't need any more shitcoins and if there's any other fork of bitcoin like bch, bsv, etc. most of the people will probably sell them just to get rid of them.

Also bitcoin recently has a dominance of 61% while BCH has a dominance of 0.3%.
BCH all-time high is $4350 in 2017 and has not gotten to that price again till now. Its price now is $570 which is almost 8 times less than its all-time high price.

[Catenaccio]

When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

Forks from Bitcoin source code are altcoins or you can call those forked coins more accurately as shit and scam coins. If you don't know how useless those forks are, you can spend your time to read How Many Bitcoin Forks Are There? You will be surprised!!!

After reading it, you can change your mind and think like there is no need to have more forks like those shitcoins. Scammers will try to take advantage of any Bitcoin technical protocol upgrade in the future to make more shit forks and scam people who believe in shit fork coins. Be knowledgeable by reading that topic, understanding it, and avoiding future shit fork coins.

[FinneysTrueVision]

After Bcash, most people realized these forks were all just scams and nobody wanted to hold them. Each new fork had diminishing returns and eventually there wasn’t enough of an incentive to create more of them. It was more profitable to launch a new coin on Ethereum. As long as you pretended to have some kind of novel product attached to your token, you could raise millions of dollars in an ICO.

Bitcoin forks had the inconvenience of inheriting BTC’s history with a fairly distributed supply, but with ETH tokens you could just create them out of thin air and allocate most of the supply to the founders and other insiders.

[X-ray]

The first second it forked it become another altcoin/shitcoin.

The one thing you should be concerned when forking is community support, even then the forks that gained some popularity are nowhere to be seen right now because they're just a fad.

On top of that, we also got ETF for bitcoin that is such a massive success, if somebody is forking BTC, they know they'd be labeled fake things instantly.

[BitGoba]

When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

Bitcoin is money that operates based on consensus, all participants in the network voluntarily follow the same rules encoded in the software. It doesn’t rely on leaders, companies, or politics. The rules are the same for everyone and cannot be changed unilaterally. That’s why Bitcoin is often compared to the game of chess.

In chess, everyone knows the rules, how pawns move, what castling means, what checkmate is. These rules are immutable , and that’s exactly why the game makes sense. If someone decides their knight can move like a queen, it’s no longer chess. Similarly, if someone tries to change Bitcoin’s fundamental rules, they’re not changing Bitcoin ,they’re creating something else.This is the essence of hard forks. When a group tries to change the rules (for example, increasing the block size), they can create a new chain , like Bitcoin Cash. Technically, this is a new game, played by new rules. That’s why it’s no longer Bitcoin.That’s why such forks quickly lose value and eventually go to zero, because people don’t trust them and don’t accept them as the real Bitcoin.

[nemesis_incarnate]

After Bcash, most people realized these forks were all just scams and nobody wanted to hold them. Each new fork had diminishing returns and eventually there wasn’t enough of an incentive to create more of them. It was more profitable to launch a new coin on Ethereum. As long as you pretended to have some kind of novel product attached to your token, you could raise millions of dollars in an ICO.

Bitcoin forks had the inconvenience of inheriting BTC’s history with a fairly distributed supply, but with ETH tokens you could just create them out of thin air and allocate most of the supply to the founders and other insiders.

It was easier, as I got it, imo, and on ETH, it was more "trendy" back in the day, so to speak, just like now the meta is to create new memes on all the chains there can be

[Yaunfitda]

When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

It's because it's not going to stop Bitcoin, we've seen a lot of Bitcoin forks already and most of them just die down a natural death. Some of them might still be existing, but still it didn't capture the investors. So it doesn't make sense as the people behind won't make any money. Perhaps for them it's better to create more meme coins, hype it and then go and take the profit rinse and repeat. Remember that it was born out of those of block size, SegWit, but it was settled already. So that is the main goal of forks before, attempted to 'solved' that kind of problem. But we have like LN today, so the appeal is no longer there. And it's also obvious that Bitcoin is too big too fall, we still got the consensus and so this fork are just going to fall.

[Apocollapse]

It's because people no longer trust with new Bitcoin, they prefer new hype coins.

I saw few projects about Bitcoin few years ago, but no one interested and their coins high likely already dead. But this year I haven't see someone created a Bitcoin fork, scam through Bitcoin fork is no longer a trend anymore.

[stwenhao]

Why no forks these days?

Because forks are present, when someone decides to do things differently, than the rest of the network. For example: BCH decided to increase the maximum size of the block. So they did, nobody stopped them. But the community simply decided to not follow their chain, so it is now weak, it is worth a fraction of BTC, and they just made an altcoin, because they didn't give anyone a choice: if there would be no replay protection, and if all transactions would be repeated in all networks, then we could have 1:1 peg between BTC, BCH, and anything else. In that case, some transactions would be just "confirmed" faster on alternative chains, and then they would be replicated, and confirmed on BTC later. But back then, some people thought, that hard-forks are good, or that replay protection is good, and you can now see the consequences of their decisions. I guess a lot of users would want to sell all of their BCHs, at the price of BTC now, but it is too late.

What happened differently  that there are no threats or signs of forking?

It is possible, that we could have quantum-resistant fork, if some people will agree to freeze some coins, and unlock them later, when the true owner will demonstrate a quantum proof. If any quantum proposal will contain any hard-fork, to put any old coins back into circulation, then it would require skipping rules of existing scripts (or rules of previously activated quantum soft-forks, which could burn these coins). And then, we could have some fork, at least in theory. I believe many people will see, that hard-forks are worse than soft-forks, but maybe there will be some people, who will think about unnecessary forking, and introduce some incompatible changes anyway.

But, even if there will be some quantum FUD and disagreement, then still: things are already battle-tested in practice. Then, do what you did during BTC/BCH split: buy the coins you value more, and sell the coins you value less. I believe Proof of Work will solve the rest.

[abaeze]

When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

Previously, many people could not survive by claiming to be Satoshi, they could not provide proper proof and it later became ridiculous but now the situation is more difficult for Satoshis so in this situation if someone wants to admit and provide proof then it will be more difficult and difficult for them because the community is now much stronger and much more mature, they know that there will be no shortage of people claiming to be Satoshi in the future to validate the fork and they have also understood that this is an old method of generating hype. I don't think they will make such claims at this time, but if someone wants to generate hype in the future and claim to be Satoshi then personally I will first ask for their photograph for the new Tragi-comedy drama, that would be ridiculous.

[pooya87]

Because these things are short lived "mania" that work based on hype. Back in 2017 newbies were pouring into bitcoin at a faster rate than normal and they were being fooled easier to purchase useless garbage like the copycoins such as bcash. Obviously such things that have no utility (since they are just poor copies of a real project) can not survive the long run. When the newbies who had bought them, start losing money as these things get dumped or worse when they die, they gain a valuable experience to not trust these things anymore. That means any new copycoin can attract a decreasing number of "victims" therefore the mania dies off.

If you check the price (an indication of the success of such scams) of these copycoins, you can see that the first one BCH was more successful than the subsequent ones (Bgold, Bsilver, Bclassic, Bcore, BDiamond, ...) which have shorter moment in the sun...

[avikz]

When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

It's because people have understood they can't replicate Bitcoin in any form whatsoever. No matter who is backing it up or what circumstances it is coming from. It was a hype earlier and some clever people tried to market it. But so far everyone is understood that such incidents are not going to replace Bitcoin. So people have stopped doing experiments with Bitcoin and moved to other markets like NFT, memecoins etc.

Thankfully it has stopped after hundreds of forked coins flooded the market.

[Zaguru12]

It's because people no longer trust with new Bitcoin, they prefer new hype coins.

I saw few projects about Bitcoin few years ago, but no one interested and their coins high likely already dead. But this year I haven't see someone created a Bitcoin fork, scam through Bitcoin fork is no longer a trend anymore.

It’s easy people simply just realized that all this are forks are scam, I think the reason why those devs that actually created the bitcoin forks then and had their way was because bitcoin was still early then and the narrative of bitcoin having flaws was easy to pass then to naive/gullible people, but right now with bitcoin actually more than 15 years in existence and no one has actually been able to prove this narrative about its flaws do we think people will actually get attracted to any fork.

I think anyone actually considering bitcoin folks would seeing that after 19 million coins and tokens have been released there is none which beats the bitcoin as such it will be better to actually go and create some independent altcoin than to create bitcoin forks because this will even woo people easily than the old scam trick of bitcoin folks.

[moneystery]

When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

i guess it's because they can't sell anything anymore by creating a new fork of bitcoin. for example, when bitcoin cash was launched they said that it would offer faster transactions, and various other claims to create hype, but unfortunately it was only a moment, and until now bitcoin cash and most other forks it just does not seem to progress anymore. unlike bitcoin which until now continues to grow and remains the choice for many people for investment or payment.

[jackpotmaster]

The forks were scam attempts, like art NFTs were, meme are, ordinals, runes and so forth. The creators of these things are the scammers that try to trick the general public out of their money and it often works, otherwise nobody would do it. However, the same scam method can't work forever. They have to keep adapting or the casual people finally start learning. By wrapping the same scam in a different paper each time, you can fool a lot of people into getting scammed again.

[boyptc]

Like what we're having every season, those forks were also a trend and hype. Until everyone has seen and recognized that the developers were making it as a quick source of money, they were not tolerated by the community.

And so, the hype and trend from the forks have died and became forgotten because the proliferation of scams have also been there.

IIRC, we almost got a lot of those names fork after fork and almost named after Bitcoin and the universe.