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RE: ASIC, The Ticking Bomb Of Proof Of Work Blockchains (Bitcoin, Monero...)

in #bitcoin8 years ago

It happened first with Bitcoin Cash. With a lot of fuss and impressive marketing budgets, a part of the Bitcoin network switched to a new token, with an almost identical name and with claims that "this is the real Bitcoin", "this is Satoshi's true vision", etc, etc. In that team, an ASIC mining producer (I think you know the name, I won't get into details).

Hi Sir, is it because many people are investing into a new token so BTC is not stable at this point?

I'm sorry if my question is not right because I'm not an expert in your field :)