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Those people don't have any governance power, they can't change the rules of the game. They only have the power to double spend or change the order of transacti
by TimJRobinson 4y ago
Those people don't have any governance power, they can't change the rules of the game. They only have the power to double spend or change the order of transactions in blocks.
It costs currently over $10B to pull off this attack, and the rest of the network can do a fork and burn all your tokens as soon as they notice. So game theory wise it makes no sense.
- DSingularity 4y agoThey can’t censor transactions? They can’t block certain protocol updates by continuing to use old/custom clients?
- rglullis 4y ago> They can’t censor transactions? Not forever. > They can’t block certain protocol updates by continuing to use old/custom clients? They could try, but if that was clearly against the interests of the rest of the community, the minority could counteract by adopting a client that forked the chain to a state where the majority holders are slashed.