Jay on Nostr: That's the debate of "1 node 1 vote" A Bitcoin node does not need to trust any other ...
That's the debate of "1 node 1 vote"
A Bitcoin node does not need to trust any other node, and is self sufficient. But it is true that not everyone runs their own node, and those people explicitly trust someone else's node. Does the node that more people trust have more economic weight than my node, which only I trust?
Arguably yes, because that is what effectively caused the main Ethereum chain to split from the network, leaving Ethereum Classic behind. More economic weight moved to the hard forked chain than remained on the original one.
Conversely, Bitcoin Cash split from Bitcoin, but did not have enough economic weight in its nodes to survive. Now both Ethereum Classic and Bitcoin Cash flounder in comparison to their dominant forks.
A Bitcoin node does not need to trust any other node, and is self sufficient. But it is true that not everyone runs their own node, and those people explicitly trust someone else's node. Does the node that more people trust have more economic weight than my node, which only I trust?
Arguably yes, because that is what effectively caused the main Ethereum chain to split from the network, leaving Ethereum Classic behind. More economic weight moved to the hard forked chain than remained on the original one.
Conversely, Bitcoin Cash split from Bitcoin, but did not have enough economic weight in its nodes to survive. Now both Ethereum Classic and Bitcoin Cash flounder in comparison to their dominant forks.