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From: Mark Friedenbach <mark@friedenbach.org>
To: Ilan Oh <ilansky.sharkson@gmail.com>,
	Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Blockchain Voluntary Fork (Split) Proposal (Chaofan Li)
Date: Mon, 22 Jan 2018 11:59:39 -0800	[thread overview]
Message-ID: <091F89E0-FBA0-42F9-9166-CF121A84319F@friedenbach.org> (raw)
In-Reply-To: <CALTsm7irVCPE0_JE28NviEUdvVoE1bVcQ37w13VX2bKKb_RnVg@mail.gmail.com>


> On Jan 22, 2018, at 11:01 AM, Ilan Oh via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:
> 
> The chain with the most mining power will tend to have more value.

I believe you have the causality on that backwards. The tokens which are worth more value will attract more mining hash rate. Miners respond to cash-out value, they don’t set it.



  reply	other threads:[~2018-01-22 19:59 UTC|newest]

Thread overview: 8+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
     [not found] <CALTsm7iyJjQa5rkddZj2jL_BTdGxH+6Xz78Rt0wOqW1OveecHw@mail.gmail.com>
     [not found] ` <CALTsm7gQC8RejAhmobzejEoU4T7xLf77Ykk2m0p=Z2=oM2p0Uw@mail.gmail.com>
2018-01-22 19:01   ` [bitcoin-dev] Blockchain Voluntary Fork (Split) Proposal (Chaofan Li) Ilan Oh
2018-01-22 19:59     ` Mark Friedenbach [this message]
2018-01-22 22:52       ` Eric Voskuil
2018-01-23  0:38 Chaofan Li
2018-01-23  4:57 ` Eric Voskuil
2018-01-23  5:47   ` Chaofan Li
2018-01-30  5:32     ` ZmnSCPxj
2018-01-30  6:20       ` Chaofan Li

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