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Replying to Avatar Marty Bent

There’s been a lot of talk about the potential for the government to co-opt and/or seize miners to 51% attack the network or reorg the chain on an ongoing basis lately.

One thing that I think isn’t given enough thought in these discussions is the fact that coinbase rewards aren’t released to a miner until 100 blocks after the block they mined.

Can’t exactly put my finger on it, but I have an intuitive feeling that this is a crucial part of the game theory that many are missing.

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Adarnit 2y ago

Coinbase rewards are not released until 100 blocks after the mining reward and they call #Bitcoin a get rich quick scheme smh

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