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The "majority of miners" are Chinese, which are thought to be controlled by the Chinese government at this point. Also, I think a 75% majority fork could leave
by Geee 10y ago
The "majority of miners" are Chinese, which are thought to be controlled by the Chinese government at this point. Also, I think a 75% majority fork could leave the smaller fork vulnerable to 51% attack by a single pool.
- Frogolocalypse 10y agoWhich is why the PoW change is being investigated now. If china-coin attacks the bitcoin network, they'll initiate an ermegency PoW change, and make all of their hardware obsolete.