Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack
by capableweb on Saturday March 13, 2021 @08:47AM
(#26446522)
> why wouldn’t they just demand everyone else hand over their cash?
Because it's not in their best interest. If the 1% pulled something like that off, the price would drop a lot and therefore their ETH would be worth less.
It's one of the core pillars of any blockchain, that the incentives are aligned in a way so the best outcome for people is the one where the gain the most, so it forces them to go for that way.
Because it's not in their best interest. If the 1% pulled something like that off, the price would drop a lot and therefore their ETH would be worth less.
It's one of the core pillars of any blockchain, that the incentives are aligned in a way so the best outcome for people is the one where the gain the most, so it forces them to go for that way.