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50 sats \ 8 replies \ @Aardvark 14 Feb
I imagine there's going to have to be a hard fork eventually. What do you think is going to he the catalyst? Quantum encryption?
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42 sats \ 1 reply \ @ek 14 Feb
when Coinbase gets hacked
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0 sats \ 0 replies \ @Aardvark 14 Feb
That's going to be a complete shit show.
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0 sats \ 5 replies \ @Bell_curve 14 Feb
bch or b cash was a hard fork
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0 sats \ 4 replies \ @Aardvark 14 Feb
I know that, i assume there's going to need to he another one at some point.
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0 sats \ 3 replies \ @Bell_curve 14 Feb
have there been other hard forks in the past?
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9 sats \ 2 replies \ @fiatbad 14 Feb
No, unless you count some of the very early development by Satoshi, which I don't think count. Nothing that happened before Satoshi's disappearance should be counted, imo.
It's important to note that hard-forks are not bad, by themselves. The problem is consensus... we have to be sure that more than 95% of nodes are going to join the new fork and allow the old one to die. Without ridiculously high consensus, a new blockchain is created, such as what happened with BCH.
Hard forks are great. But we need to have a motto that goes something like, "I swear to never hard-fork if there is not total consensus. Fuck Roger Ver."
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0 sats \ 1 reply \ @Bell_curve 14 Feb
Any bitcoin improvement proposal must get 90% approval from miners to 'pass'
I think the threshold is 90%
The blcokchain/Roger Ver war in 2017 was interesting because miners wanted bigger blocks but nodes defeated miners
update: when did Satoshi disappear? I believe his last post on bitcoin talk forum was December 2011, maybe it was Dec 2010. He disappeared around the same time there was a lot of heat on WikiLeaks and Julian Assange
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