Real Rysi's avatar
Real Rysi
npub1nnxh...jw0n
Running Bitcoin
Real Rysi's avatar
realrysi 2 years ago
first off, i'm in bitcoin and run a full node and am constantly learning about the technology. but...I am not 100% in agreement with the statement From bitcoin wiki (and many others)… “A miner with more than 50% hash power is incentived to reduce their mining power and refrain from attacking in order for their mining equipment and bitcoin income to retain its value.” (Bitcoin Wiki, 2022). My response would be that government (the “state”) is the most capable threat. The state has proven throughout history to be capable of uneconomical, irrational acts. Ultra Partisan or dictatorship-style Political motives and corruption can pollute the ranks of government. Furthermore, the state is not run like a capitalist business, they can spend and do just about whatever they want. I do believe a government could gather the necessary resources to conduct a detrimental attack through, say, a black ops budget defense program. first post on nostr... just feels right to say something like this here. thoughts?