I noticed that there was a post on twitter where an IBM exec pointed out that Ethereum "have been great partners" and that "[IBM and Samsung] are forking Ethereum as part of [Adept]", so it occurred to me that IBM and Samsumg rather than relying on the ETH based Ethereum network may build there own, and that miners may potentially have 2 networks to choose from.
So this made me concerned about attack vectors between two networks competing for business, as well as how easy it would be to keep people out of private Ethereum network?
The Ether Product Purchase Agreement states the following:
"the Ethereum Platform software developed may give rise to other, alternative,
Ethereum-based or Ethereum-like networks, promoted by unaffiliated third parties, under which Purchaser’s
ETH will have no intrinsic value"
How do the network(s) that recognize ETH have security over Ethereum networks which do not recognize ETH as the "cryptofuel"?
If Ethereum as an organization have been great partners to IBM, why are the company's representatives choosing to state that they shall fork the Ethereum code before it is even ready and proven to operate rather than being part of a public network?
Are there things missing, needs unfulfilled that would also concern other organizations to create their own forks?
IBM and Samsung provide many solutions for the governments of the world and it would seem that the public network (the ETH network) would lose out to them and other large systems integrators as they have the scale over power non-government finances networks.
Would really love to understand the security concerns of competing networks backed by gov't money, as well as the strategy and thought that resulted in this kind of scenario playing out this way were major partners don't feel comfortable supporting the company's initiative.
Please feel free to correct me in any misunderstanding.