4 ms·

What does the author mean by "influencing the regime of the entire blockchain"?

• nullc 3y ago
  This flood of transaction paid high fees, out-competing many other transactions for network capacity. To get your transactions confirmed you had to either outbid the flooder or wait until the flooder either runs out of money or gets tired of hemorrhaging it.
  • merrycherry 3y ago
    This isn't a problem with Satoshi's original protocol design. You should use BSV instead.
  • rideontime 3y ago
    Isn't this standard for cryptocurrency? Money = power?
    • TheDudeMan 3y ago
      Not just cryptocurrency.
      • AlexandrB 3y ago
        Cryptocurrency is different because this is the intended state of affairs. Not the result of corruption or back room deals.
        • nullc 3y ago
          Money can be exchanged for goods and services, including for whatever kind of activity confers power in whatever alternative you would propose.