It won't work but it if there were not the social engineering/ divide the movement aspect then the whole thing it would be much easier to defend against. And if you are the attacker and you can trick some miners(I'm sure some plebs running bit axe might run this) or the hostage tactics actually work on a non negligible amount of the miners then even better. Not state sponsored attack(probably)? I''m nott sure about that one
Scrotus's avatar Scrotus
"But then again, if Kratter is so well connected and obviously smart and functional, why can't he see bip110 for the failure it is?" Things that make you go hmmmmm
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satoshi jr 1 month ago
if its not gonna work wtf is odell and anyone else crying about? We don't realistically believe bitcoins going to get banned. We argue the probabilities and game theory. Is the game theory of this really the same? It looks like a small intolerant minority(bip 110) can simply soft fork and wait. Maybe they attack the chain with jpegs actively or they just wait for inevitable spam. (I don't think anyone is arguing spam isn't real) If no one values the new ruleset nothing happens If it has value every block produced under bip110 its valid for all players. How much of the hash power makes this minority enough of a risk miners can't ignore it? Is 1% enough? 10?