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Re:Bitcoin is not a store of value by lftl on Monday September 19, 2022 @07:47AM (#32897046)
Does Bitcoin Cash not count for some reason? Because the original chain is more popular and the fork is smaller?
Re:Bitcoin is not a store of value by TakeBlaster16 on Monday September 19, 2022 @08:48AM (#32897624)
Every bitcoin fork I've seen forked to make their own change that the main project refused to make. They forked because bitcoin changed too little.

ETC forked because the main project made a change some people disagreed with. They forked because ethereum changed too much.

Re:Bitcoin is not a store of value by dopidopHN on Monday September 19, 2022 @08:11AM (#32897239)
Yeah I’m far from a expert but I do remember that fork. That sounded awfully similar to the ETH / ETC fork.

Around blocksize if I remember correctly.

Re:Bitcoin is not a store of value by doomroot on Monday September 19, 2022 @09:00AM (#32897722)
No, this was very different than ETH/ETC. Bitcoin cash was a minority of people forking away from the BTC chain to increase the blocksize. ETC was the original chain that was forked away from to reclaim stolen funds because of a smart contract hack.

Generally when people are talking about “hard forking” they are referring to the majority making a backwards incompatible change that leaves little activity or economic value on the original chain. Bitcoin never forks like this, because who would coordinate it?

Bitcoin core maintainers tried to fork it and were not successful (See bitcoinXT).

Miners and community leaders tried to fork it and were not successful (see bitcoin cash).

Bitcoin exchanges and businesses tried to fork it and were not successful (see segwit2x).

And many more will come, I imagine a PoS fork will inevitably come and not be successful.