If White plays first, White can save some, but not all, of his stones.
If Black plays first, all White stones will be dead.
Although and
can capture five Black stones, all White stones are dead after
captures the leftmost chain, because capturing the five-stone Black chain at a gives White only one eye.
If at
, then the result is essentially a reversion to the previous diagram.
If Black plays first, the self-atari of is the only move to kill all White stones.
has no other choice than to capture the three Black stones.
Next, makes a placement, threatening to capture the leftmost White chain via a connect-and-die. We discuss
at a to e.
If proceeds to capture the five Black stones, then
captures the leftmost White chain. After
, White has only one eye.
saves the leftmost White chain, but
is an atari, allowing
to capture the three White stones in a ladder and saving the five-stones Black chain.