You are viewing a single comment's thread from:

RE: The Real Bitcoin: which Bitcoin fork will win?

in #bitcoin7 years ago

"Afaik, to spend your BTC on the SegWit fork so that it can not be replayed on the legacy Bitcoin will require either mixing with some transactions "

I was under the impression that after the Segwit soft fork, it would still be the Legacy chain. Am I mistaken? You are describing above that they would be two separate chains.

Sort:  

If miners decide they will not accept any blocks that have any SegWit transactions in them, then they fork off from SegWit. I had linked for you in past comments, Craig Wright’s threat to do that. Also I am positing that the Real Bitcoin Foundation will also be forking away from SegWit and keeping the legacy chain which did not have SegWit. Because SegWit changes the security model and changes how transactions are encoded.

Btw, it may be easier to just buy an altcoin that is on a dip and likely going higher such as LTC.

Shelby, given your view on the possibility of Bitcoin Segwit theft in he future, isn't this the case with Litecoin too? They are Segwit also.

Presumably so but I ponder that Bitmain wouldn’t attack their own coins BTC and BCH. I think of LTC and BCH as potential beneficiaries or leverage in any attack on Core’s fork of BTC. We’ll see that happens.

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 60934.92
ETH 3379.12
USDT 1.00
SBD 2.48