that assumes the soft fork promoters actually want to build consensus
Discussion
And also only the so called economic nodes actually have any power over the protocol. So if they spin up a bunch of sybils and make it look like they have consensus but the economic nodes were never onboard it's still a contentious chain split.
not to my understanding:
the contentious, soft-fork chain-split would have to: 1.) last a while; then 2.) coins would have to be listed for trading then 3.) the market would eventually pick *the winner*; 4.) then hash rate would follow the more lucrative coin
could also imagine polymarket playing this role rather than trading platforms
The more lucrative coin is the one that people want to receive in exchange for something else, and these transactions are validated by "economic nodes".
Right. If I was holding both in self-custody and I was confident about which would *win*, I would trade the bad coin for USD (or tether) and then turn around a buy the good one. During the fork, I doubt people will be *buying anything* on chain, if that's what you were referring to.
Similar logic: miners who want more good coin will follow the market winner and point their hash accordingly.
You keep missing the point
https://primal.net/e/nevent1qqsv9zj52vduxejaf26cxmd3zpn4luylsj2q9clj8p6q3vd6uf8sulsqrwg47