Thread - Nostr Hypermedia

that's assuming a lot. but you're correct that there's more CPU power in the hands of data centers and big corporations then there are among private citizens. but saying that it's easier somehow for a 3rd party to decide to focus all that to attack the monero network, but for some reason it's *harder for a 3rd party to attack known Bitcoin miners? (that are centralized and rely on cheap energy to survive) its trade-offs. personally I'm glad we have both.

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Replies (2)

Rod rb@rodbishop.nz 3 months ago

Fwiw, this would make a person bullish on the new X9. Can you help me understand why the Monero community fought ASICs for so long?

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npub153r2...wfwc 3 months ago

We are almost there. When (not if) governments attack the mining industry, node runners can use the ultimate layer of defense, changing the algo consensus forcing a new type of machine to mine new blocks. This renders the attack as useless since their seized miners can’t mine anymore. So any attack becomes asymmetric in favor of the network. While both Monero and Bitcoin can trigger this defense, it won’t work for Monero. Why? You can play this wargame in your head. Federal government buys all Google’s CPUs to attack Monero, after Monero node runners trigger the change the seized CPUs can go back to their usual business. In Bitcoin’s case ASIXs can’t be used for anything else, so they become expensive electrical waste.

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