Hacker News new | ask | show | jobs
by metroidfan832 3230 days ago
No, the difficulty can be adjusted at fork time so it doesn't matter. Literally anyone can fork.
1 comments

That would ALSO be a hard fork though.

IE the legacy chain would be dead.

Yes, the legacy chain people can create their own new fork, but then it has to deal with all the disadvantages of being a hard fork, and the old chain will be dead.

Why would the legacy chain be dead? Bitcoin Cash is a hard fork of Bitcoin, both still run.
Currently 93% of the hashpower is signaling that they will switch from the legacy chain to the new hard fork.

If the main chain has a very low hashpower, then anybody and their mother can attack it/double spend/ ect very easily.

The miners on the fork could even commit some hashpower on their own to attack the old chain, so as to make sure that the new one wins.

Bitcoin cash never has the support of any significant amount of hashpower, so of course the main chain is still around.

True, but event 7% of the BTC hashpower is quite significant, and we may find that the 'old' branch lives on as another "Classic" or something.

Guess we'll see.