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Baerson19d ago
What is the point of a soft fork? (AKA What are you so afraid of?).
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Iihsotas19d ago
It is the fact that people can continuously try to change bitcoin via this method and it costs them nothing. If this fork attempt fails Luke can keep trying and we have to endure this retarded shit forever or it succeeds, then the Feds have an easy blueprint for capturing bitcoin. It’s a lose lose. Hard forks have a cost for being wrong. That cost ensures that the people who try them and fail can’t continue their bullshit indefinitely. Let’s say you hard fork to your desired consensus. You get 10% of the mining. Your KNOTS will be worth 10% of the main chain, but you can sell your bitcoin and increase your stack of Knots. Seems like a win win to me. You don’t have to have csam in one contiguous transaction on your node and you can increase your stack of the 21 million knots. Plus you get rid of all the haters. Why wouldn’t you do this?
0000 sats