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A comment on Bitcoin mining and energy consumption. Parent comment
Denial of service. Should the +51% choose, they can simply ignore certain transactions and those will never end up on the chain.
Our fiat private finance system does concentrate weatlh, but DOS attacks are only possible by subverting the legal regime.
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Denial of service. Should the +51% choose, they can simply ignore certain transactions and those will never end up on the chain.
Our fiat private finance system does concentrate weatlh, but DOS attacks are only possible by subverting the legal regime.