For those leaving BIP110 for the "Network Effect" :
The network effect doesn't apply here because Bitcoin (talking bip110 PoW hard fork chain here) doesn't compete/compare with corecoin, monero or any other. The network comes to Bitcoin because there is literally nothing else. "Network effect" is mostly a fiat term for VCs to determine which product from a list is more valuable. There is no list here.
And no, the hard fork does not create a new coin, miner disobedience does, and their corecoin is gonna die out like every other new coin trying to leech on Bitcoin.
Bitcoin is not about concessions, it's about, among other things, being absolutely uncompromising in making sure the 21 million cap is never breached. I don't see corecoin halving in 2028. Core is beyond repair, and the culture defending it completely lost the plot. There is no competition.
#RunningBIP110
The network effect doesn't apply here because Bitcoin (talking bip110 PoW hard fork chain here) doesn't compete/compare with corecoin, monero or any other. The network comes to Bitcoin because there is literally nothing else. "Network effect" is mostly a fiat term for VCs to determine which product from a list is more valuable. There is no list here.
And no, the hard fork does not create a new coin, miner disobedience does, and their corecoin is gonna die out like every other new coin trying to leech on Bitcoin.
Bitcoin is not about concessions, it's about, among other things, being absolutely uncompromising in making sure the 21 million cap is never breached. I don't see corecoin halving in 2028. Core is beyond repair, and the culture defending it completely lost the plot. There is no competition.
#RunningBIP110