Damus
Libertas Primordium profile picture
Libertas Primordium
@libertas primordium
Anybody can fork Bitcoin. That's how this has always worked. There are hundreds of forks of Bitcoin and forks of forks of Bitcoin and so on.

Dogecoin is a fork that was literally started as a joke. The guy thought it would be hilarious to make it ridiculously inflationary. It has an $11 billion market cap now.

The rhetoric from the bip110 stalwarts has gotten outrageous. They think by forking and changing the PoW they are 'firing' the miners. I agree with them that Bitcoin is corrupt, it has been for a long time. Nothing they are doing however is going to erase it.

I wish them luck with their fork. I might even use it depending on how it turns out. I can't be counted among them anymore at this point. We took a stand and made our point. Bitcoin is going to keep going in the direction it's been headed. I don't think it's good, but it is what it is.
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Desert Dave · 3w
What makes Bitcoin, "Bitcoin"?
Excommunicado · 3w
The state has forked its own flavor of Bitcoin, stole the brand, a lot of people inside the network with it. We always knew a CBDC was coming so if they want a fork to turn into CBDC you can't stop them. Now they've made their move you want to give up? This is about freedom money vs totalitarian pro...
Wonteet Zebugs · 3w
I think we have a shot. I like the precedent we're setting : if the miners misbehave, they're out. We get better miners going forward. And I love Roughnecks' idea of putting the mining algo in the name, Bitcoin-Blake2b. It makes it clear to future potential misbehaving miners as well : FAFO. I li...