![Screen Shot 2017-09-27 at 6.04.33 PM.png](https://steemitimages.com/DQmYGKdxQeGTqmhsRC4S33yjuEsnb3xUEa1Zin3jJuigVUp/Screen%20Shot%202017-09-27%20at%206.04.33%20PM.png)
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Seems like the old saying "divide et impera" is quite actual. For those not knowing what it means, well, "divide et impera" is a way of winning a battle "from the inside", by dividing a monolithic army into smaller factions that will eventually starting to fight with each other, instead of fighting together against a common enemy.

This seems to happen right now in the Bitcoin community. After Bitcoin Cash, we may witness another hard fork, this time for a currency called "Bitcoin Gold", here's the link to the [official website](http://btcgpu.org).

As in the first fork, the initiative comes from a mining company, this time located in Hong Kong, called LightningASIC. The first hard fork, if you remember, was orchestrated by combo: mining company + exchange - Bitmain / ViaBTC. Both forks are, then, coming from China.

The value proposition of the new coin will be a new mining algorithm, namely Equihash (if I'm not mistaken, STEEM used to be mineable with this algorithm too, back when it was mineable). Equihash will replace SHA256, the de facto Bitcoin mining algorithm, and it will favor more mainstream mining gear (not only ASICs, that is). A bit strange, if you really think about it: a mining  company producing Bitcoin mining equipment, launches a new coin which doesn't needs its equipment. Hmmmm... I wonder if they won't come up, in a few weeks, with a little gimmick in the algorithm that will be only be solvable with a hardware solution...

The way it looks right now, the so called "control" over Bitcoin will follow this route: mining gear producers will start forking the main chain, each one imposing their own hardware, thus trying to weaken the position of the standard currency. 

It may or it may not work. But it will certainly create more drama and unnecessary bad PR. 

That's why I'm usually interested in different governance systems (PoS/DPoS) than PoW. Proof of Work, as a governance mechanism, is inherently hackable. Maybe not by a direct 51% attack, but by small steps, leading to a much bigger "divide et impera" assault.
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_I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at [Dragos Roua](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._
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<center>_You can also vote for me as witness here:
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_If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform)_:
* [Rewards: Were Does The Money Come From?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-rewards-were-does-the-money-come-from)
* [Netiquette: How To Avoid Being A Steem Douche?](https://steemit.com/steem/@dragosroua/steemit-newbie-faq-netiquette-how-to-avoid-being-a-steem-douche)
* [Witnesses: What Are They And Why Should You Care?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-witnesses-what-are-they-and-why-should-you-care)
* [How Can I Mine Steem And What CPU / GPU Power Do I Need For That?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-how-can-i-mine-steem-and-what-cpu-gpu-power-do-i-need-for-that)