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Ultimately miners aren’t in charge. If miners try to change the rules, but the majority of users ignore them, the miners’ fork will be close to worthless.
by tlrobinson 9y ago
Ultimately miners aren’t in charge. If miners try to change the rules, but the majority of users ignore them, the miners’ fork will be close to worthless.
- pbhjpbhj 9y agoDoubt you need miners in order to process transactions, how would you do it without any miners?
- Libturd 9y agoare you serious? lulz
- deleted 9y ago[deleted]
- pbhjpbhj 9y ago* Don't Gah, that's a pretty bad typo.
- tlrobinson 9y agoIf the miners are financially motivated and rational they wouldn’t refuse to mine the most valuable fork. They have a large investment in hardware and would lose a lot of money. If for some reason they did refuse, or worse, attacked the network (with double spends or censorsing transactions) then the users could emergency fork to change the proof of work and attract new miners.