Bitcoin : If the November Hard Fork ends up producing 2 Bitcoin Cash chains its the miners responsibility to stop (produce empty blocks, orphan all others) one chain.
That’s the big advantage/differentiation PoW coins will have over PoS coins. PoS chains are indefinitely divisible/forkable. PoW minority chains are always inherently insecure and can only survive at the goodwill of the majority chain. To make a clear statement for the scarcity of sha256 coins miners have to act in such cases. The only legitimate cases for miners to not act in such a situation is when their preferred choice is valued less on the market and they predict this to change.
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.
Author: saddit42
Score: 6
Don’t forget to share the post if you love it !