[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

Forking makes coins out of thin air

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 4
Thread images: 2

File: what_the_fork.jpg (28KB, 500x333px) Image search: [Google]
what_the_fork.jpg
28KB, 500x333px
How does this not just make new coins from nothing? There were only ever supposed to be 21 million bitcoin now that amount has been doubled.

You could keep forking bitcoin nd keep doubling the supply and never run out. How does this keep value?
>>
Well with BTC as a settlement coin now, you can overtrade the fuck out of it, so technically they're making coins out of thin air on the original network. BCC still has the finite on-chain coins that will cap at 21mill. If one chain dies then those coins are worthless and new coins are not produced nor can they be sent to one another as no one is confirming transactions.
>>
>>3011621
And if neither of them die? So many people thought etc would die by now but its still alive. Whales could keep pumping it and idiots buy in everytime. It'll never die. Difference is there is an infinite amount of eth/etc not so with this.

Seems like a fundamental flaw if putting a cap was the intent
>>
File: LEVELS.png (22KB, 992x527px) Image search: [Google]
LEVELS.png
22KB, 992x527px
>>3011592
How exist over 99 altcoins.
How does this not just make new coins from nothing?
How does this keep value?
Thread posts: 4
Thread images: 2


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.