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RE: The next huge problem for ethereum looms large

in #etherereum8 years ago

Anyone mining should now be smart enough to know that forking ethereum and continuing to mine on that fork is easy. Doing work for ether makes sense. Proof of Stake rewards the pre-mined coin holders, who own around 5/6ths of all the coins now and will be assured that they continue to hold that proportion for doing no work. I doubt there will be much sympathy when one weeds out the mindless worshippers of Vitalik Buterin. There's another hard fork coming, and there's yet another split coming.

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Afaik a hard fork requires more than just miners. You could have 90% of the miners but if you don't have exchanges and users on the fork chain then you're out of luck. I didn't even know a difficulty bomb was built into Ethereum. All your post did was impress me with how forward thinking the developers are.