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On November 14th, Charlie Lee, the creator of Litecoin, published a tweet on the Bitcoin Cash forks that is scheduled today. He stated that the fork will be a good test in the real world of the consent of Nakamoto. The crypto-community is full of speculations about the upcoming Bitcoin money fork, which will make it confusing with Bitcoin ABC [supported by Roger Ver, Jihan Wu] and Bitcoin SV [supported by Craig Wright].
Charlie Lee, in his tweet, talked about miners returning to the Bitcoin extraction if BCH dies and an entity gains enough hash power to execute a 51% attack on the competing fork.
The "Hash War", so called because the upcoming fork has a conflict of interest between Jihan Wu and Craig Wright. The person who controls the hash power majority after the fork will have the upper hand, so the fork with the highest hash power will be validated and accepted.
The consent of Nakamoto is a set of rules defined by Satoshi Nakamoto in the whitepaper Bitcoin, which determines which block is validated and added to the blockchain. The blocks are added by the miners via PoW.
The voting consent defined in the Bitcoin white paper is very similar to the president's election, ie a CPU is equivalent to one vote and the job test [PoW]. Any alteration or addition to the Bitcoin network must be implemented by hash power, so without the hash power, it is impossible to arrive at a unanimous decision. The Bitcoin whitepaper states the same:
"The job test is essentially a CPU-one vote, the majority
the decision is represented by the longest chain, which has the greatest test effort of the invested work
inside. If most of the CPU power is controlled by honest nodes, the honest chain will grow
faster and faster than any competing chain "
According to Lee, if either team earned enough mining power, it could fatally damage the forks by performing a 51% attack. If miners take control of the hash power above 50%, it means that they could prevent transactions from going to the block, thus interrupting payments between the parties.
Also, they would have enough hash percentage to reverse the transactions. Since they have control of the network, they could even double the coins. In this way you can successfully use the hash rate on both sides to destroy the fork in the race.
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