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If miners would do a hard fork with different protocol rules, that would be called something other than bitcoin, maybe "segwit2x-bitcoin" or something.
by jerguismi 9y ago
If miners would do a hard fork with different protocol rules, that would be called something other than bitcoin, maybe "segwit2x-bitcoin" or something.
- kbaker 9y agoIf the exchanges trade 'segwit2x-coin' as Bitcoin, it will become 'Bitcoin', and the legacy coin, if it is possible to use at all, will have to be renamed.
- xorcist 9y agoIt's not that simple. Exchanges and custodial wallets hold other people's funds, so they are not allowed to decide arbitrarily which chain is "Bitcoin". That would be regulatory suicide.