3 ms·
(1) Bitcoin Cash, Bitcoin Gold, etc. Effectively "printing money". Perhaps not entirely arbitrary, as it's limited to the number of bitcoins in existence in the
by twayamznacct 9y ago
(1) Bitcoin Cash, Bitcoin Gold, etc. Effectively "printing money". Perhaps not entirely arbitrary, as it's limited to the number of bitcoins in existence in the "main" chain at the time of the fork, but good enough.
(2) There are a very small number of third parties that control the vast majority of hashing power