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It’s also odd that the exchange would step into mediate. The miner is effectively playing by the rules i.e. if you have 51% you can do what you want.
by hisabness 8y ago
It’s also odd that the exchange would step into mediate. The miner is effectively playing by the rules i.e. if you have 51% you can do what you want.
- Jommi 8y agoIt's only odd if you look at the community part of a decentralized coin as only the miners. You're missing the other critical parts which are its users and the exchanges. A cryptocoin is worthless to miners if it cannot be exchanged, and it's worthless to exchanges if no one wants to trade it.