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The Fork of 2013

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https://en.wikipedia.org/wiki/History_of_bitcoin#The_fork_of_March_2013
> "On 12 March 2013, a bitcoin miner running version 0.8.0 of the bitcoin software created a large block that was considered invalid in version 0.7 (due to an undiscovered inconsistency between the two versions). This created a split or "fork" in the blockchain since computers with the recent version of the software accepted the invalid block and continued to build on the diverging chain, whereas older versions of the software rejected it and continued extending the blockchain without the offending block. This split resulted in two separate transaction logs being formed without clear consensus, which allowed for the same funds to be spent differently on each chain. In response, the Mt. Gox exchange temporarily halted bitcoin deposits.[165] The exchange rate fell 23% to $37 on the Mt. Gox exchange but rose most of the way back to its prior level of $48.[44][45]"

>"Miners resolved the split by downgrading to version 0.7, putting them back on track with the canonical blockchain. User funds largely remained unaffected and were available when network consensus was restored.[166] The network reached consensus and continued to operate as normal a few hours after the split.[167]"

Fear is the mind-killer
>>
>>2794689
What's the problem with forking? Instead of 1 btc I'd have 1 btca and 1 btcb. Sounds good to me...
>>
>>2794713
>that will be 0.0000387 BTC for your coffee sir!
>oh it looks like you only have btca - we only accept btcb!
>>
>>2794713
The problem is that one fork is going to take over and it better not be JihanCoin or else crypto was a mistake.
>>
>>2794713
if you can't see the issue then you are too stupid to own any crypto.
>>
sounds good until you received 1 btca from someone's payment and then boca lost the war.
>>
>>2794845
I only have btca? That's preposterous, I was there during the great cleaving, I have at least 1 btcb in that account! Alexa, repeat transaction.

>>2794866
>>2794868
I'm not too bright - what's ETC?
Thread posts: 7
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