As blockchains reach finished products (or at least a stable equilibrium), what’s stopping teams from forking to remove the team’s treasury?
-
-
Totally disagree with you here - there are counter-examples from any other tech sector. Also in context, these projects are max <2 years old and if we're projecting long-term winners this logic doesn't work.
-
These are software-moneys not just software
-
Yes, the whole networks effects logic is correct. But forks by definition preserve those since they have identical distribution upon creation. Technologically superior (forked) coins should outcompete ceteris paribus
-
Re power of brand and dev team see ZEC > ZCL
-
That's because technologically ZEC >> ZCL. Brand too, but to a lesser degree
-
Sure I agree “technologically superior” forks may outcompete, but that’s a different question than the original question posed re “forking to remove team’s treasury”.. I don’t think a brand new ZCL forked today would outcompete.
-
the focus was on forks failing due to lack of original branding. if fork is net positive (eg change supply schedule), then fork will succeed despite not being original brand
- 2 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.