bryan on Nostr: I cannot, however... Imagine you are playing a game of Russian Roulette with a 6 ...
I cannot, however...
Imagine you are playing a game of Russian Roulette with a 6 round revolver. You spin the cylinder, put the gun to your head, and pull the trigger and NOTHING happens.
Now imagine somebody claiming the game is safe (secure) because you survived a single round. This represents a FALSE sense of security.
This is similar to the current state of bitcoin and censorship resistance. Just because no transactions are being censored today does NOT mean the system is immune to censorship.
Four pools could neglect the work done by the other 25% of miners and cooperate to harm bitcoin's "censorship resistance."
We should try to solve this potential problem before the censorship begins.
Do you disagree?
Imagine you are playing a game of Russian Roulette with a 6 round revolver. You spin the cylinder, put the gun to your head, and pull the trigger and NOTHING happens.
Now imagine somebody claiming the game is safe (secure) because you survived a single round. This represents a FALSE sense of security.
This is similar to the current state of bitcoin and censorship resistance. Just because no transactions are being censored today does NOT mean the system is immune to censorship.
Four pools could neglect the work done by the other 25% of miners and cooperate to harm bitcoin's "censorship resistance."
We should try to solve this potential problem before the censorship begins.
Do you disagree?