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The 51% problem was quite real a few years back due to the underlying motivation to be part of a mining pool. And it's not too far fetched that china might con
by Deritiod 4y ago
The 51% problem was quite real a few years back due to the underlying motivation to be part of a mining pool.
And it's not too far fetched that china might control a big mining pool if BTC would take off.
And yes decentralization doesn't just fix the issue of regimes like china.
It is more controllable than you would like to make it out.
Especially with the great firewall.