3 ms·
We and a group of partners run a restaurant together. One day you decide to turn it into an apothecary for the dispensation of poisons, and keep the name and pr
by etherael 4y ago
We and a group of partners run a restaurant together. One day you decide to turn it into an apothecary for the dispensation of poisons, and keep the name and pretend that it's still a restaurant.
Any mechanism which rubber stamps the above process as legitimate and collects a fee for doing so is corrupt, letalone over the objections of an enormous fragment of both customers and partners in the restaurant in question. Lack of objection or approval from those whom the change is in the interests of, or who are simply too ignorant to understand what is going on, don't change that.
That is effectively what happened with BTC.
The way that it was supposed to work would be that the hashpower would choose the canonical tip of the chain if there were two conflicting ideas about what the chain should actually be. BCH stuck to that ideal and through two contentious and many more peaceable forks proceeded according to it. BTC did not.