[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:

View post   
>> No.11696670 [View]
File: 226 KB, 609x693, 1537892677366.png [View same] [iqdb] [saucenao] [google]
11696670

>>11696662

Pic related.

>> No.11628445 [View]
File: 226 KB, 609x693, csw-twitter-6.png [View same] [iqdb] [saucenao] [google]
11628445

>>11628432

>During this event, half of CoinGeek's hash will be running ABC. You can only attack the chain if you are running the software mining that chain. Right now, CoinGeek has 45-50% of total active BCH hash rate. Who knows how much they are planning to rent for battle.

>They are betting that it won't take "infinite money." It probably wouldn't takeore than a few weeks of a completely unreliable networkfor exchanges to indefinitely halt trading and the price to effectively crash to pennies. Their bet is the other side will capitulate before that

>Exchanges and applications will fatigue first and point exclusively at the SV chain because ABC will be a war zone.

>Those exchanges have a fiduciary duty to their depositors to be able to have reliable withdrawals and deposits. That requires pointing their services at nodes with a ledger that is not being constantly reorg'd.

Navigation
View posts[+24][+48][+96]