4 months ago i made the statement that Ethereum (ETH) versus Ethereum Classic (ETC) would go to parity.
Nowadays the ETH/ETC ratio has gone from 20:1 to 7:1
See my post and arguments from 4 monts ago:
Watch this video from one year ago. Bitcoin hardfork discussion.Tone Vays explain the risks/possibilities of a hard fork.
Fase 1 (accomplished)
Start at 1hr 4 minutes: what Tone Vays outlines happens exactly a year later to Ethereum. (ETC/ETH).Fase 2 (next step?)
At 1hr 10 minutes he explains "the currency wars". A "currency war" means chains (ETH versus ETC) competing with each other for hashpower". They compete by decreasing the difficulty rate to attract miners, (mining difficulty war).
If a currency war ,et ergo, "mining difficulty war" occurs, at the end of the day, the hashpower is equally divided between (in this case) the two chains (ETC and ETH). In that case ETC and ETH wil tend to parity in hashpower and price.
See the present hashpower: ETH versus ETCPlease share your thoughts