Subject: Re: [bitcoin-dev] Blockchain Voluntary Fork (Split) Proposal (Chaofan Li)

From: Mark Friedenbach <[email-masked]>
Date: Mon, 22 Jan 2018 11:59:39 -0800

> On Jan 22, 2018, at 11:01 AM, Ilan Oh via bitcoin-dev <[email-masked]> wrote:
> 
> The chain with the most mining power will tend to have more value.

I believe you have the causality on that backwards. The tokens which are worth more value will attract more mining hash rate. Miners respond to cash-out value, they don’t set it.