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You're right. But security today does not guarantee security tomorrow in a landscape where mining incentivizes economies of scale. The more mining power converg
by gnrlst 6y ago
You're right. But security today does not guarantee security tomorrow in a landscape where mining incentivizes economies of scale. The more mining power converges (as it is already doing), the more likely for a fewer entities to collude. While it may not be in their interest given their investment in the project, who says that a government or malicious actor might not?