Subnostr

the attack that matters in bitcoin is censorship. The physical and capital costs of a sustained reorg is infeasible, even for nation States.

The real risk is censorship, and if hostile miners do not mine transactions, they don't collect the fees.

if the attack is mining transactions to collect fees, they are not hostile, because that is what miners do.

DRE 11mo ago

Agreed.

Realistically, a small amount of transactions would be censored per block. I don’t think loss of those fees would protect against or disincentivize censorship. I mean, look at Ocean and Ordinals. The risk is block template creation getting centralized, not so much fees.

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_Checkɱate 🔑⚡🌋☢️🛢️ 11mo ago

in that instance, there is no issue because the smaller pools will pick up the transactions the larger ones are censoring.

DRE 11mo ago

Exactly