Impossible coercion between Miners — @JavierGonzalez on read.cash

@JavierGonzalez 22 January 2020 edited

Impossible coercion between Miners 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. https://twitter.com/JavierGonzalez/status/1181637679831756800

$1.25

@AskTheBMP $1.00
@btcfork 10¢
@Read.Cash 10¢
@georgedonnelly 5¢
+KT
+BCH

3 comments

@JonathanSilverblood 23 January 2020

I think miner incentive exist either way, but I get your point. Voluntary participation is the key here.
- @JavierGonzalez 23 January 2020
  
  Yes, thanks. Legitimacy is important.
@DarthRoison 27 January 2020

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