3 ms·
> > As long as the cost of changing the blockchain is higher than the return on changing it, the chain remains immutable > I'm sorry, but that is not a logicall
by kordless 10y ago
> > As long as the cost of changing the blockchain is higher than the return on changing it, the chain remains immutable
> I'm sorry, but that is not a logically correct statement
I'd love to see a logical argument presenting how a hypothetical irrational actor can alter a blockchain of significant value without either a hypothetical attack vector or a few billion years compute time.
- sgt101 10y agoWell, what about collusion of the mining pools in China?
- kordless 10y ago"China" is an aggregate of consensus and cannot act "alone" as an irrational actor. If they colluded to change a transaction, there would be a net split and everyone would know. Again, I'm standing by the cost analysis of acting as an irrational actor indicating those actors will not act unless the aggregate itself is irrational, which is a rare and separate issue as that being discussed.