Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 3818710B0 for ; Mon, 22 Jan 2018 19:59:43 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-pg0-f47.google.com (mail-pg0-f47.google.com [74.125.83.47]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 3C6601F2 for ; Mon, 22 Jan 2018 19:59:42 +0000 (UTC) Received: by mail-pg0-f47.google.com with SMTP id 136so7902846pgd.8 for ; Mon, 22 Jan 2018 11:59:42 -0800 (PST) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=friedenbach-org.20150623.gappssmtp.com; s=20150623; h=from:content-transfer-encoding:mime-version:subject:date:references :to:in-reply-to:message-id; bh=vb2gYNk7yZ/tnxep1t6CdNesxTDuj2PyTbqFksnuuFw=; b=e3MWMHZSzLpSEwqXDjZ3h5419k2EnSphznZx5EoPoV7ODivyYC3Uk3wyiyNRKyLQyE 2oCFdVpFUya3mr48xhAqSME7TpAvP8qp6sqxJ4MHct5YK4bv2tb1dh62WXp7mdVvz6fN voqUzyB3rJKavIcPQZ+Wj10P6bkjNpqIaTPqErlnvvOiU4YffCbIlo8LnXI8vgCLQ91D PK6wl9JjxWAPhq0/e/BOAjjQZz1FInYB0yyWK75bAFMUk7xVSCHvZL+ogFlcZYaV5g5o gMIuWA27AQEI2Kc9jPkbtaDJFaHw8v4FxRZGoycS3gS1orr7u79pOiZS0AKJQ312aUMV oQqg== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20161025; h=x-gm-message-state:from:content-transfer-encoding:mime-version :subject:date:references:to:in-reply-to:message-id; bh=vb2gYNk7yZ/tnxep1t6CdNesxTDuj2PyTbqFksnuuFw=; b=FWJ8eiZjlT/OefXS8zt4+EJdl5z3r3fcgNI7NuhcEij++P25xwLU2HS/x3KXmDzHgZ 1AEJOcPztxuNtnjjkPkQhpojqj6t24YGMxEZRSjNnYAfU75GWssoiGQTtn+FncwjjQ9K aJuc5dqBsZp2TwU0ifTeLHMjCAfa99ntxCZSI4ZRv1x3OV46KzkBLMlOQhyg2C8LD2LS tjfvvo7UFr4IriHd143WZ6isBq2ZcTL78VXAAIC1bL0Bo9L4XPCLID42WS0pAgzIA7bZ s0Sf/Js9KdYrp4xwg/YLOd2rL9qEqBj51mBwLOcnjdxnTWBll3K/M9idj9MvfkcFVXxs o0aQ== X-Gm-Message-State: AKwxytfBjuYjSgKC+HEZDZC2krtCfrQTirD1lRq14p+srHq6Ol/w+N7s OPVY3D8ESYBPg0q8N8N1hvDjWw== X-Google-Smtp-Source: AH8x226NmaxeQTv+YFQb/ByRLagli7G6D6TcEf+K8qxf9dPjMdWDbSKoY0V4bkCSV7zQAZO/XD8POg== X-Received: by 10.101.72.69 with SMTP id i5mr3799313pgs.9.1516651181740; Mon, 22 Jan 2018 11:59:41 -0800 (PST) Received: from ?IPv6:2601:646:8080:4dbb:e035:66e8:1dc3:cbbf? ([2601:646:8080:4dbb:e035:66e8:1dc3:cbbf]) by smtp.gmail.com with ESMTPSA id e79sm3009131pfl.61.2018.01.22.11.59.40 (version=TLS1_2 cipher=ECDHE-RSA-AES128-GCM-SHA256 bits=128/128); Mon, 22 Jan 2018 11:59:40 -0800 (PST) From: Mark Friedenbach Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable Mime-Version: 1.0 (Mac OS X Mail 11.2 \(3445.5.20\)) Date: Mon, 22 Jan 2018 11:59:39 -0800 References: To: Ilan Oh , Bitcoin Protocol Discussion In-Reply-To: Message-Id: <091F89E0-FBA0-42F9-9166-CF121A84319F@friedenbach.org> X-Mailer: Apple Mail (2.3445.5.20) X-Spam-Status: No, score=-1.9 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org X-Mailman-Approved-At: Mon, 22 Jan 2018 20:11:14 +0000 Subject: Re: [bitcoin-dev] Blockchain Voluntary Fork (Split) Proposal (Chaofan Li) X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 22 Jan 2018 19:59:43 -0000 > On Jan 22, 2018, at 11:01 AM, Ilan Oh via bitcoin-dev = wrote: >=20 > The chain with the most mining power will tend to have more value. I believe you have the causality on that backwards. The tokens which are = worth more value will attract more mining hash rate. Miners respond to = cash-out value, they don=E2=80=99t set it.