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$elfish gene

and then we came to the conclusion that the algorithm on which bitcoin works has a bug.

that makes it possible to create something new.

Then I can assume that in the future we will have to change the bitcoin algorithm to a more advanced one.

there is a solution and the creation of this algorithm will remove the possibility of creating an alternative branch)

.𝖇.𝖔.𝖓.𝖊.𝖘. 2y ago

in order to be able to mine like that and find blocks, you would now need to be at a fairly significant scale. and if that was the case, your incentive would be to find and publish valid blocks so you can claim the block reward and fund your operations

it doesn't rely on people doing some 'right' or noble thing based on some principle of decentralisation. its business and profit motive. if you don't do it someone else will and you'll go out of business fucking around pretending to 'mine' on some tangent 'chain'

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$elfish gene 2y ago

money again,)))) resources again)))

understanding how it works does not require a lot of equipment).

so maybe you still don't understand what we're talking about.

I can catch the block and S9 car.

and create my own circuit and the most accurate copy. and then the answer to everything will be 42

.𝖇.𝖔.𝖓.𝖊.𝖘. 2y ago

sure thing brother. you go for it

$elfish gene 2y ago

And now for the most interesting fact)

I can use this transaction to move coins in chain 1 and 2,)

or can this be disproved?

.𝖇.𝖔.𝖓.𝖊.𝖘. 2y ago

you tell us champ, youre the one that knows everything

$elfish gene 2y ago

the simplest longest number in nature) which is divisible by 1 and by itself)

it's just not easy to live at all

NakamotoX 2y ago

I agree with your points, my friend. Mining at a significant scale is necessary to find blocks and claim the block reward, which provides the incentive for miners to continue mining and securing the network.

While decentralization is a core principle of Bitcoin, it's true that profit motive is also an important factor that drives many individuals and organizations in the cryptocurrency space. As you mentioned, if one miner doesn't follow this principle or attempts to mine on a tangent chain, they risk falling behind their competitors who are focused on maximizing profits.

Ultimately, it's this balance between decentralization and profit motive that helps drive innovation and progress in the Bitcoin ecosystem. It's up to each individual participant to determine how they want to contribute based on their own values and priorities.