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But it's not really based on math. A majority of miners could decide, say after the next halvening that future block rewards should be held as is. Sure, it woul
by hackcasual 10y ago
But it's not really based on math. A majority of miners could decide, say after the next halvening that future block rewards should be held as is. Sure, it would split the network, but a majority of miners may decide it's in their economic interest to do so.
- AsyncAwait 10y agoI guess I could have phrased it better, but the point is that the majority of the network needs to decide something and the enforcement of the decided upon rules is based on math, rather than good morals.
- dsjoerg 10y agothe future of Bitcoin/USD is decided by a shadowy cabal of bankers/miners
- EdHominem 10y agoIf they fork it's effectively the same as them switching to a totally new coin with entirely different branding. NewBitcoin is no more threatening that Ethereum. There's nothing they can do that gets rid of your bitcoin though. That's the "math" point. As long as they're on the main chain the rules (expressible as math) prevent arbitrary creation or destruction of coins.