At least two Reddit threads have sprung up in the last 24 hours deliberating on the idea of calling for a Bitcoin Classic following the Ethereum Classic split from Ethereum.
In the first instance, why not just activate fork now? the OP doyourduty posted: “If ETHc can apparently sustain itself against ETH, Bitcoin classic/unlimited/xt can definitely sustain itself against core. It’s been years of whining on the sidelines waiting for miners to act and come to our side. Let’s just do it!” It generated mixed comments as well as the second thread Now Let’s Create Bitcoin Classic (big block support), led by Gavin, It will be $3B market cap immediately whose OP Bitnicity says: “Guys, Ethereum hard fork opens our eyes to new solutions and the possibility to the Bitcoin deadlock, let’s hard fork to Bitcoin Classic. I bet exchanges, miners (they are greedy anyway) will jump in and it will immediately shoot to $3B marketcap. Free money grab for everyone and it resolves all Bitcoin deadlock. Win-Win.” While some of the group members sought to clarify that Ethereum is the forked while Ethereum Classic continues to mine the original unchanged Blockchain, others raised several technical issues as part of their consideration to justify their stance in support of, or against the proposed move.
caveden says the call has been going on for a while. https://m.reddit.com/r/btc/comments/46rgd9/an_important_message_to_the_main_Wallets
Noosterdam suggested that there would be a need to change the PoW algorithm to enforce the fork which entails friction and requires that “a substantial number of people judge that deadweight loss due to 1MB is greater than that friction.” The writer says this should be “somewhat soonish, assuming Core doesn’t make a move in the meantime.”
DanielWilc who claims to be a small blocker thinks there is nothing wrong with the fork […]
