(1) Most dApps only make sense if they require censorship-resistance (like original p2p apps), else why bother? (2) It's unclear whether any non-Bitcoin chain will have a security model strong enough to support this. (3) If your dApp can only be built on Bitcoin...
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Well tokens built on ETH for example could have enough mining power since its all the same chain. Otherwise, I was assuming this is a dapp that can be built on things besides Bitcoin
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You’re assuming that Ethereum is censorship resistant, which is an assumption and not a given esp. with the move to PoS. Do you run a geth or Parity node? What % of dApps run via Infura?
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Well, forking a post product market fit protocol & using BTC could add fuel to the fire for user adoption
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Right but my point is that, if the normal token product is taking off on its own (I assume this is when you say the fork happens?), the Bitcoin fork has to be pushed on people with the same level of effort.
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that new token doesn't accrue value --> no value accrual --> no security
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Perhaps dumb question, but aren't hashrate and 51% attacks going to be a big issue for any new independent blockchain?
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not a dumb question, yes they are in a network's larval state
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I haven't seen anyone explain how they'll mitigate that threat
@bramcohen might have something in mind for Chia? -
Since farming requires zero new capital investment the hope is to have lots farming right out of the gate.
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JOHN!!! Care to elaborate on the TRX purchase of BitTotterent? I sent you a DM about it.
#TRXThanks. Twitter will use this to make your timeline better. UndoUndo
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No developer worth a damn, and no developer I'd trust with my data or money.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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If its a genuinely compelling products, then BTC whales, miners and other strategic players could easily pay to copy and maintain lazy fork I think. They internalise through btc exposure.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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