[Bitcoin-segwit2x] Bitcoin Cash's mandatory replay protection - an example for B2X

Peter Todd pete at petertodd.org
Tue Jul 25 22:03:07 UTC 2017


On Tue, Jul 25, 2017 at 09:02:25AM -0700, Jared Lee Richardson wrote:
> Right now between signalling and signatories, btc1 has ~95% of the
> hashpower.  ~5% of the hashpower is not enough to be viable without a
> hardfork, in which case it would be more appropriate and less damaging for

The signalling has been done by mining *pools*, not hashing power.

We do not know what the views of the hashing power are; hashing power is free
to move from one pool to another, and can do so in a matter of minutes.

Equally, even if Bitcoin was left with just 5% of the hashing power, and B2X
with 95%, that situation still allows for coins to be bought and sold, with an
unknown outcome. The Ethereum chain was left with even less hashing power
immediately after the bailout fork - nearly 0% - but hashing power rapidly
moved from the bailout chain back to the Ethereum chain in response to market
demand.

-- 
https://petertodd.org 'peter'[:-1]@petertodd.org
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