the miners have too much control because their defection would be deadly to the chain's cadence. they are easiest to bribe and the protocol is riddled with deliberate vulnerabilities that favor the shitcoinery use case that got slipped in and normalised. witness discount, taproot no witness push limit. and from the beginning, the difficulty adjustment was excessively simple and can't recover from a big hashpower change (the risk of miner defection) and this also means that miners are incentivised to parasite and destroy other sha256 mined chains, which also have weak difficulty adjustments, and the checkpoints that stop private sidechain attacks, which are also not economic with too many deterrents to defection, but a minority fork will fall to this easily, and parasiting competitors is in the interests of the miners. so if you followed all that, the miners are in control, and the attackers know this which is why they were all going to win big if they didn't switch to bip-110. if it failed, they wouldn't lose revenue. mining is a cutthroat business, and also favors the bigger players by its burgeoning scale. the only path out of this mess is giving miners a chain to mine on that has equal income prospects and zero chance of being killed by the miners. and all the protocol holes fixed, all deficiencies compensated properly.