Impossible coercion between Miners

0 6
Avatar for JavierGonzalez
Written by
4 years ago
In communities: Debate: Infrastructure Funding Plan(95df) , Bitcoin Cash(e11c)

For a miner incentive to exist, it is not enough to publish the next valid block before anyone else.

It is also necessary that a majority of the hashpower decide voluntarily to work on continuing exactly that block.

It's a consensus.
Non-violent.
Totally legitimate.

A new form of executive power.

1
$ 0.00

Comments

Breve pero preciso. A muchos se les está dificultando demasiado entender esto.

$ 0.01
User's avatar DarthRoison
4 years ago

I think miner incentive exist either way, but I get your point.

Voluntary participation is the key here.

$ 0.00
User's avatar JonathanSilverblood
4 years ago

Yes, thanks. Legitimacy is important.

$ 0.00
User's avatar JavierGonzalez
4 years ago
About us Rules What is Bitcoin Cash? Affiliate program Get sponsored Self-host