Milly Bitcoin [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-20 📝 Original message:> Security is provided via ...

📅 Original date posted:2015-08-20
📝 Original message:> Security is provided via POW.

POW is only one aspect of security and that algorithm was created by
developers and adopted by miners. Developers provide security by
creating an algorithm and miners provide security by adopting it. If
the developers and miners decided to do something insecure then Bitcoin
will be insecure. POW is not some outside force.

The security of Bitcoin as a system is a very complex subject that
involve a number of factors that are the result of actions by humans.

Russ