Global Feed Post Login
Replying to Avatar ClearMined

Block Quote: 813626

'The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.' October 31, 2008 - Satoshi Nakamoto

Avatar
CoSatoshi 2y ago

That is such a good sn quote ❤️

Reply to this note

Please Login to reply.

Discussion

No replies yet.