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At the expense of security. Many people do take that trade.
by bitxbitxbitcoin 5y ago
At the expense of security. Many people do take that trade.
- Freestyler_3 5y agoWhich aspect of security do you mean?
- danuker 5y agoIf a new node comes to the network, how does it know whether the nodes it sees are showing it the real history, instead of being a malicious group MITM-ing?
- paulgb 5y agoBitcoin's hashrate is currently 98+%[1] incentivized by inflation. As that decreases over the next few halvings, unless transaction fees exponentially increase accordingly, Bitcoin's security may not be such a selling point any longer. [1] https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.html https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.h...