Timechain on Nostr: Selfish mining is risky to attempt. Sometimes you win big. What I am worried about is ...
Selfish mining is risky to attempt. Sometimes you win big. What I am worried about is collusion with selfish mining (which is basically 2 pools added together being more than 50%) (like foundry and antpool) which can frequently win selfish mining attacks. They would get caught pretty quickly and it would be an industry scandal and tank the price for a bit. But it would definitely shatter mining pools into tiny bits.
Published at
2023-03-19 00:16:23Event JSON
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"content": "Selfish mining is risky to attempt. Sometimes you win big. What I am worried about is collusion with selfish mining (which is basically 2 pools added together being more than 50%) (like foundry and antpool) which can frequently win selfish mining attacks. They would get caught pretty quickly and it would be an industry scandal and tank the price for a bit. But it would definitely shatter mining pools into tiny bits.",
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