MultiversX Tracker is Live!

What might happen to BTC in an internet apocalypse?

Bitcoin Reddit

More / Bitcoin Reddit 96 Views

I know this is a very low probability event but it is a non zero probable event because of the hazards posed by solar flares etc, internet could be down for an extended period.

I do also recognise that in such an event, conventional Fiat system is also screwed but what I am specifically looking for is what might happen if BTC blockchain is down due to non availability of internet.

What might happen when the internet resumes again? Is there a possibility of having multiple chains? What if a state player, say a rival, would try to make multiple chains to harm the rival state which had its foreign reserves in bitcoin. In such a situation how will the consensus be achieved ?

Again, I know this is an unlikely situation but I am just looking out for fellow devil’s advocates so as to understand the bitcoin blockchain better. Thanks in advance.

submitted by /u/pavan39
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments