SUPERMAX on Nostr: Let's just do a summary of '17 block wars It all comes down to the collective ...
Let's just do a summary of '17 block wars
It all comes down to the collective consensus imo
The relationship between;
- validators (node runners)
- asic's
- users (usually both above)
Even though Ver & Jihan had at one time over half of all ASIC's hash pointing to bcash, it ultimately failed for reasons we know why; not the way to "scale" a time chain
So to me, its the relationship of everyone above, regardless who has the most hash power.
tbh why I've been actively funding devs since '19, the real people in control of everything is the devs; coding away on git and pushing commits, making sure the codebase is sound
- my real fear is not majority hash into a bad actors hands (not even 50%, more like 30%); it's the state funding hundreds of devs to program and commit "unwanted" code to the codebase.
This can be done over many years, even decades without anyone really noticing.
It all comes down to the collective consensus imo
The relationship between;
- validators (node runners)
- asic's
- users (usually both above)
Even though Ver & Jihan had at one time over half of all ASIC's hash pointing to bcash, it ultimately failed for reasons we know why; not the way to "scale" a time chain
So to me, its the relationship of everyone above, regardless who has the most hash power.
tbh why I've been actively funding devs since '19, the real people in control of everything is the devs; coding away on git and pushing commits, making sure the codebase is sound
- my real fear is not majority hash into a bad actors hands (not even 50%, more like 30%); it's the state funding hundreds of devs to program and commit "unwanted" code to the codebase.
This can be done over many years, even decades without anyone really noticing.