SharkPool threatens to destroy altcoins that use the name Bitcoin

SharkPool threatens to destroy altcoins that use the name Bitcoin

Mining pool SharkPool threatens to destroy altcoins that use the name Bitcoin in their names and do not meet the original vision of Satoshi Nakamoto.

Attack on altcoins will be the formation of empty blocks, and all proceeds from the sale of the mined cryptocurrency will be transferred exclusively to the BCH. Under attack novoispechennyh pool will fall while only a few forks of Bitcoin.

I want to notice that this extreme case of schizophrenia in the cryptocurrency market in the face of the SharkPool is managed CashPay Solutions, startup support Bcash SV, which is a product of the self-proclaimed Satoshi Nakamoto Craig Wright.

Ironically, the ill-fated pool, at this time cannot exercise its destructive activities because of the ongoing hash of the war between Bcash SV and Bcash ABC. But according to a recent message on his page in Twitter in the first place SharkPool will attack Bitcoin Diamond (BCD), Bitcoin Gold (BTG), a Private Bitcoin (BTCP) and Interest (BCI). According to the tweet, these blackany ” unsafe and will cease to exist.”

CEO CashPay Solutions Ari Cookies also stated that they may attack different cryptocurrencies, because they attract miners different algorithms with different capacities.

What’s the plan?

As the portal CryptoGlobe, in the first stage, a pool will begin to mine only empty blocks, which in their opinion will make the network more slow and virtually useless. The second part of “brilliant” plan is to sell all mined coin in favor of BCH, which should increase its value.

It turns out that if all the newly created coins are immediately sold in the market, and the existing coins can not be transferred within the network, the price of cryptocurrencies will inevitably drop and users will abandon their use.

This story is a good example of the absolute inadequacy of some market participants. And it is not about individuals and the opinions, and focused on the policy of entire groups of people and organizations.

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