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Re:Flaws in Bitcoin make a lasting revival unlikely by martindale on Wednesday March 27, 2019 @10:13PM (#19508522)
If a majority of full nodes (validators) reject blocks from those miners, their chain will be orphaned and the block reward will fall to the subsidy they've created for themselves (where block_reward = block_subsidy + block_fees).

Bitcoin has value because this just isn't possible, in practice.

Re:Flaws in Bitcoin make a lasting revival unlikely by schmichael on Wednesday March 27, 2019 @10:21PM (#19508578)
> just isn't possible

It's absolutely possible. Who runs nodes? There's no way to know that the majority of hash power doesn't already control a majority of nodes.

Re:Flaws in Bitcoin make a lasting revival unlikely by martindale on Thursday March 28, 2019 @02:22AM (#19509731)
As long as you run your own node, it doesn't really matter who runs the rest. If a peer relays an invalid block to you, disconnect from that peer and defer to the chain with the most work.

Have you read the paper?

Re:Flaws in Bitcoin make a lasting revival unlikely by schmichael on Thursday March 28, 2019 @11:06AM (#19512884)
If a block is accepted by a majority of nodes and miners it isn't invalid.

Your own personal node is free to implement different logic, but it will be unlikely to interact in a functional way with the rest of the network.

Re:Flaws in Bitcoin make a lasting revival unlikely by martindale on Friday March 29, 2019 @07:35PM (#19526510)
The full node operators are typically holding Bitcoin, and I just don't see anyone willingly accepting a reduction in the value of their assets. Any such block would be viewed as an attack on their sovereignty.
Re:Flaws in Bitcoin make a lasting revival unlikely by wp381640 on Thursday March 28, 2019 @02:55AM (#19509888)
There is a way to know since segwit was activated using a user activated soft fork despite not having a majority of miner support

Node control has worked in both theory and practice