3 ms·
I stopped when he flubbed the first point. No, it’s not correct users have to just hope big miners will mine their transactions. For two reasons: 1. They pay
by cyphertruck 1y ago
I stopped when he flubbed the first point. No, it’s not correct users have to just hope big miners will mine their transactions.
For two reasons:
1. They pay them. Do you trust “big grocery” will provide you food, or did you start a farm in your yard?
2. If that trust were ever broken, millions of bitcoiners who can easily afford to lose $10 a month can mine them. Despite there being no such censorship happening, these uneconomic miners are already a rapidly growing group. Bitcoiners are acutely aware of the state of the mempool.
- Youden 1y agoYour first point is addressed directly by the article. Your second point essentially requires a decentralized charity to exceed the size of an attacker, which isn't a realistic form of security.
- marcus_holmes 1y agoMaybe read the rest of the article (where those points are addressed) before commenting. And if I thought "big grocery" could make more money by not providing me food, I would definitely start growing my own food. It's got nothing to do with trust.