Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
by maxerickson on Friday March 12, 2021 @11:08PM
(#26443870)
The whole point of blockchains is that the incentives are supposed to be aligned between miners and users.
If this were obviously true, there wouldn't be a problem. I think a better formulation talks about distributed ledgers working better when the interests of users and miners are aligned.
And of course they never quite are (miners want profit, users want minimal transaction costs with high security).
If this were obviously true, there wouldn't be a problem. I think a better formulation talks about distributed ledgers working better when the interests of users and miners are aligned.
And of course they never quite are (miners want profit, users want minimal transaction costs with high security).