📅 Original date posted:2016-05-12
📝 Original message:On Wednesday 11 May 2016 22:58:48 Gregory Maxwell via bitcoin-dev wrote:
> On Wed, May 11, 2016 at 10:42 PM, Timo Hanke via bitcoin-dev
>
> <bitcoin-dev at lists.linuxfoundation.org> wrote:
> > This is what I meant. If existing hardware gets forked-out it will
> > inevitably lead to the creation of an altcoin. Simply because the hardware
> > exists and can't be used for anything else both chains will survive. I was
> > only comparing the situation to a contentious hardfork that does not fork
> > out any hardware. If the latter one is suspected to lead to the permanent
> > existence of two chains then a hardfork that forks out hardware is even
> > more likely to do so (I claim it's guaranteed).
>
> There are already many altcoins out there, we could not prevent that
> even if we wanted to. New ones are created all the time.
Comparing apples and oranges.
Altcoins have their own genesis block, the example Timo was talking about was
a fork in the Bitcoin blockchain.
But its good to know you don't mind a fork in the Bitcoin chain, I'll remember
that.
Tom [ARCHIVE] /
npub1h3…8z4k5
2023-06-07 17:50:36
in reply to nevent1q…ktz7
Author Public Key
npub1h394c0pkdum0jw4rufslt3ur9m9c2ym4x7a0t68spfpjr6zlq3msu8z4k5Published at
2023-06-07 17:50:36Event JSON
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"content": "📅 Original date posted:2016-05-12\n📝 Original message:On Wednesday 11 May 2016 22:58:48 Gregory Maxwell via bitcoin-dev wrote:\n\u003e On Wed, May 11, 2016 at 10:42 PM, Timo Hanke via bitcoin-dev\n\u003e \n\u003e \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e \u003e This is what I meant. If existing hardware gets forked-out it will\n\u003e \u003e inevitably lead to the creation of an altcoin. Simply because the hardware\n\u003e \u003e exists and can't be used for anything else both chains will survive. I was\n\u003e \u003e only comparing the situation to a contentious hardfork that does not fork\n\u003e \u003e out any hardware. If the latter one is suspected to lead to the permanent\n\u003e \u003e existence of two chains then a hardfork that forks out hardware is even\n\u003e \u003e more likely to do so (I claim it's guaranteed).\n\u003e \n\u003e There are already many altcoins out there, we could not prevent that\n\u003e even if we wanted to. New ones are created all the time.\n\nComparing apples and oranges.\n\nAltcoins have their own genesis block, the example Timo was talking about was \na fork in the Bitcoin blockchain.\n\nBut its good to know you don't mind a fork in the Bitcoin chain, I'll remember \nthat.",
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