Hector Chu [ARCHIVE] on Nostr: š Original date posted:2015-08-20 š Original message:Security is provided via ...
š
Original date posted:2015-08-20
š Original message:Security is provided via POW. If you want the chains to stop attacking
each other, change the POW algorithms.
Then it wouldn't matter if one chain was longer than another, each
fork would select the best chain according to their valid version of
POW algorithm.
If Bitcoin Core loses miner majority to XT this is probably what it
will have to do to maintain security of its chain.
On 20 August 2015 at 12:32, Milly Bitcoin via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
>> The same with -XT, nobody should be able to affect the entire bitcoin
>> ecosystem regardless how many miners or bitcoin companies you can lobby.
>> If this is possible, then Bitcoin is not as secure as we thought.
>
>
> Bitcoin is only as secure as the developers, users, and miners allow it to
> be. If you can get the majority of developers, users, and miners to do
> insecure things then Bitcoin will be insecure.
>
> Russ
>
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
š Original message:Security is provided via POW. If you want the chains to stop attacking
each other, change the POW algorithms.
Then it wouldn't matter if one chain was longer than another, each
fork would select the best chain according to their valid version of
POW algorithm.
If Bitcoin Core loses miner majority to XT this is probably what it
will have to do to maintain security of its chain.
On 20 August 2015 at 12:32, Milly Bitcoin via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
>> The same with -XT, nobody should be able to affect the entire bitcoin
>> ecosystem regardless how many miners or bitcoin companies you can lobby.
>> If this is possible, then Bitcoin is not as secure as we thought.
>
>
> Bitcoin is only as secure as the developers, users, and miners allow it to
> be. If you can get the majority of developers, users, and miners to do
> insecure things then Bitcoin will be insecure.
>
> Russ
>
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev