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How would the users blacklist the miners using the newer inflationary protocol? Is it even possible? By design, the longest blockchain wins, and that would be t
by mg74 9y ago
How would the users blacklist the miners using the newer inflationary protocol? Is it even possible? By design, the longest blockchain wins, and that would be the one with the inflation if the majority of miners agreed.
- naveen99 9y agoThe 21 million limit is in the user's bitcoin client, not in the miners proof of work.
- cesarb 9y ago> By design, the longest blockchain wins The longest blockchain which follows the rules. If a chain does not follow the rules, it will be ignored by the nodes, even if it's the longest one. To change the rules, you have to update all nodes, not just the miners.