Re:Decentralized Blockchain-Based Electronic Marketplaces
by ufo on Sunday January 14, 2018 @07:08PM
(#16147420)
Bitcoin forks like Bitcoin Cash and Bitcoin Gold use the same block chain history as Bitcoin.
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Re:Decentralized Blockchain-Based Electronic Marketplaces
by ThomPete on Monday January 15, 2018 @05:54AM
(#16149789)
You are also missing the point here. You can't get the same for bitcoin cash as you can for a bitcoin. So no they don't use or have the same history after the fork and they aren't the same which is why one is 4 times more worth than the other.
Re:Decentralized Blockchain-Based Electronic Marketplaces
by ufo on Monday January 15, 2018 @10:55AM
(#16151219)
Of course you cant get the same for them! It is expected that a fork that creates new coins out of thin air will lead to cheaper coins.
Re:Decentralized Blockchain-Based Electronic Marketplaces
by ThomPete on Monday January 15, 2018 @11:06AM
(#16151299)
And so scarcity still exists which was the original point I made and which was being challenged.
Each coin has a unique history. You can create as many forks of bitcoin as you want it doesn't change the fact that there is only one bitcoin.