after hard fork won’t every new transaction go on both chains?

I don’t understand why I’m reading that after a hard fork, the existing transactions would be on both chains but the new transactions will only be on one or the other (resulting in 2 different chains, thus an altcoin). Won’t even new transactions eventually end up on both chains?

Transactions don’t care about block size, so both versions should accept them. Even if one chain has already included it, software for the 2nd chain won’t care about the first chain, so the 2nd should still have those transactions in its pool, resulting in it being put into the 2nd chain as well.

I don’t see how this will result in 2 separate chains… it seems like both chains will always have approximately the same exact transactions, just possibly in a different order and grouped into different blocks.

The only exception to this I can think of is if a double-spend is attempted. Then it’s possible that one of the chains will accept one of the double-spend transactions and the other chain will accept the other.

But otherwise, I don’t see how there would be a difference.

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PoS (Proof of Stake) what happens to the coin age of the change after I send an amount?

Ok simple scenario I have 100 ‘whatever’ coins in a PoS wallet, they are mature and have a stake weight that is approaching the weight to stake and forge a block.
I send 1 whatever coin to my freind and get 99 back to the change address, is my stake weight consumed or maintained?

I realise using a fictional coin isnt ideal, if its treated differently in different existing coins that would be useful to know.

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Jihan Wu’s messages after the announcement seem to imply he controls the majority of hashing

http://i.imgur.com/sYzHBxG.png

Source: https://twitter.com/007LongShao/status/842796442250952705 ( http://m.weibo.cn/u/2083258595 )

"All the exchanges who signed are not world class level. They think they're clever, but didn't figure out the most basic logic. The situation is more complex but the result is clear. The big pools will win and the rest can't survive".

"These stupid cunts are going to be caught unprepared for the complex circumstances in which the fork is going to occur."

[EDIT: /u/oakpacific provides this corrected translation of that last sentence: "These stupid cunts create such a complex arrangement (implying that it's created by the exchanges), they will be caught by surprise by the complex situations during a fork."]

Other than that, expletives and edgy teenager talk.

Obviously, we're already used to his childish bluster, but it wouldn't be completely out of the question that there is a coalition of miners with 50%+ of the hashing.

IMO, regardless of SegWit, the PoW change option needs to be considered because the underlying problem of total mining centralisation remains there. At least the plan needs to be in place just in case. Even with the support of the exchanges, the situation could be quite precarious.

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Bitcoin

2 unconfirmed transactions after 24hrs

Hey guys been looking through the forums and I’m still not quite sure how to speed things up or fix it. (Not very good with this kind of stuff)

Here’s my wallet address – 1GZK3NYHCAScGRb4awAkXGVXszstwCVEEh

Both transactions say they have been seen by 50+ peers

I used the standard multi bit classic fee 0.0001 Which has never slowed me down in the past.

Any advice or help would be awesome

I’m happy to just get them back and send again with a higher fee.

Cheers

Edit: I’m using multibit classic. I have done a block chain reset. One of the transactions says it’s in my balalnce (not spendable) and the other seems to have stayed the same (being sent to the same address) but has only had the peers reset. I’ve looked on blockchain info etc just not really understanding what I’m looking at. I assume the problem was the low fee, which I’ve now changed in my settings. Just not sure how to get it all back and start again.

Sorry I’m a bit of a noob

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