Replying to Avatar Fascinating

Does this really matter?

I'm running my node along with a Bitaxe Gamma... Aren't nodes the ones truly in charge of the network? Didn't the Block Wars already make that clear? Honestly, I don't see an issue.
Avatar
no₿ody™ 🧱 11mo ago

There are implications. For instance if foundry shit down unexpectedly the hash rate would drop significantly. It wouldn’t kill Bitcoin obviously, but it would be something people fud about

I’m sure there are more threatening considerations too

Reply to this note

Please Login to reply.

Discussion

Avatar
Fascinating 11mo ago

More people would start mining. Game theory is absolutely fascinating. Honestly, I don’t see any problem. Next...

Avatar
no₿ody™ 🧱 11mo ago

Yeah and even if they don’t right away, the difficulty adjustment kicks in

Avatar
Fascinating 11mo ago

Yes, I would be more concerned if the number of nodes were decreasing...