Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
by cachvico on Saturday March 13, 2021 @12:52AM
(#26444342)
The miners do not give Ethereum its value; the market does.
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Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
by arcticbull on Saturday March 13, 2021 @02:26AM
(#26444736)
It has no value without security and transactibility which is what the miners provide.
Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
by rcxdude on Saturday March 13, 2021 @05:07AM
(#26445482)
Not in proof of stake (which provides it through stakers instead), which is what this whole thing is about.
Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
by arcticbull on Saturday March 13, 2021 @09:53PM
(#26452376)
Well, this is about a 51% attack by the PoW miners and PoW is the law of the land. That’s why I replied in that way.
Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
by shawnz on Saturday March 13, 2021 @08:10AM
(#26446310)
They are paid fairly in exchange for providing it. If the current set of miners decide that they don't like Ethereum anymore then those profits are sitting on the table for anyone to take.