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From: Mark Friedenbach <mark@friedenbach.org>
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Date: Mon, 22 Jan 2018 11:59:39 -0800
References: <CALTsm7iyJjQa5rkddZj2jL_BTdGxH+6Xz78Rt0wOqW1OveecHw@mail.gmail.com>
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To: Ilan Oh <ilansky.sharkson@gmail.com>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] Blockchain Voluntary Fork (Split) Proposal
(Chaofan Li)
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> On Jan 22, 2018, at 11:01 AM, Ilan Oh via bitcoin-dev =
<bitcoin-dev@lists.linuxfoundation.org> 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.
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