Re:Update for Customers with Bitcoin Stored on GDAX
by bhaak on Monday March 20, 2017 @09:45AM
(#13914122)
Although the difficulty adjustments in Bitcoin are much slower than in Ethereum.
The chain with the smaller hash rate is unlikely to be functional for a long time (unless new miners step up but this would be a tremendous investment).
This is by design as this makes it economically unfeasible to fork the chain and suddenly have twice the amount of coins.
The chain with the smaller hash rate is unlikely to be functional for a long time (unless new miners step up but this would be a tremendous investment).
This is by design as this makes it economically unfeasible to fork the chain and suddenly have twice the amount of coins.