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Ah, thanks for the link! It seems what you're saying is right — the security guarantees of Chia are not the EXACT same as Bitcoin, but it's not clear to me that
by Glench 5y ago
Ah, thanks for the link! It seems what you're saying is right — the security guarantees of Chia are not the EXACT same as Bitcoin, but it's not clear to me that this means they're "weaker" for the reason you described.
> As soon as one honest farmer has added a foliage block, the foliage becomes impossible to re-org beyond that height with the same PoSpace
With ~350k Chia full nodes, the likelihood of colluding farmers being able to pull this off is a lot lower than if there were only the ~14k full nodes of Bitcoin, no? And Chia is still pretty new — it had a maximum of ~750k full nodes before.
I guess it's kind of a trade-off, huh? Bitcoin's big centralized pools are a worrying source of attack that's not there in Chia (the official pooling protocol has the farmers sign blocks so it's completely decentralized and pools using it can't orchestrate attacks). https://docs.chia.net/docs/11pooling/pooling https://docs.chia.net/docs/11pooling/pooling