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- getting to 51% is no easy task. - if an irrational actor can get to 51% and decide to wreck havoc, the current transactions are impacted. The community will c

- getting to 51% is no easy task. - if an irrational actor can get to 51% and decide to wreck havoc, the current transactions are impacted. The community will come together to hardfork away. The last transactions preserved in the blockchain are not. - if the above happens, then the particular blockchain does not deserve the position it holds and deserves to go down. It is no longer censorship resistant.

walterstucco 8y ago
And that's the problem Everything is still theoretically working, but in practice they are not There are a lot of FIAT currencies out there that are based on an irrational actor controlling all the nodes and still people owning those currencies can use them for their needs, even if they suffer some loss, without having to go through an hard fork that voids the last transactions Blockchain should be about trust without trust, but their main drawback is being unreliable