News for hackers. Stuff that matters.
Re:Bitcoincore.org removes Satoshi's whitepaper from website... by tylersmith on Thursday January 21, 2021 @12:51PM (#25861732)
That's a fundamental security assumption made by Nakamoto consensus. It's like assuming the discrete log problem is hard. If/when the assumption doesn't hold the security is gone.
Re:Bitcoincore.org removes Satoshi's whitepaper from website... by Scoundreller on Thursday January 21, 2021 @12:59PM (#25861853)
That’s a better way of putting it. It’s a good argument for ASIC resistance and CPU dependence because it’s a lot harder to control General-Purpose CPU supply than ASIC supply.

Meanwhile my regular joe laptop can earn double its electricity cost in Monero (before it thermally locks up).

Re:Bitcoincore.org removes Satoshi's whitepaper from website... by sedeki on Thursday January 21, 2021 @01:08PM (#25861982)
I am not a hardcore bitcoiner, but the price would fall quickly if these few controlling nodes would do something malicious. Which is against their own interest.
Re:Bitcoincore.org removes Satoshi's whitepaper from website... by Scoundreller on Thursday January 21, 2021 @01:21PM (#25862123)
Probably. But a core aspect of decentralization is that you shouldn’t need to trust a few others at all.
Re:Bitcoincore.org removes Satoshi's whitepaper from website... by codehalo on Thursday January 21, 2021 @02:00PM (#25862637)
I think it's more like limits: Trust minimization, not trust elimination.
Re:Bitcoincore.org removes Satoshi's whitepaper from website... by GoblinSlayer on Thursday January 21, 2021 @02:48PM (#25863254)
Who cares about technicalities, the point was to let people hold the system in their own hands.
Re:Bitcoincore.org removes Satoshi's whitepaper from website... by ChainOfFools on Friday January 22, 2021 @12:46PM (#25874060)
In Trust we trust!