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Assuming that the Chinese government can exercise control of the top 5 Chinese companies that control > 50% of the hash rate, what's stopping the Chinese govern
by asdffdsa 6y ago
Assuming that the Chinese government can exercise control of the top 5 Chinese companies that control > 50% of the hash rate, what's stopping the Chinese government from corrupting the blockchain? E.g. only transactions from whitelisted wallet ids (e.g. CCP-approved institutions) go through, extortion, etc.
- narrator 6y agoThe rest of the network could fork the chain to "NOCCP" chain or whatever. There are also a lot of other cryptocurrencies out there now.