Re:Lets talk about blockchains
by foobarian on Thursday April 28, 2022 @03:42PM
(#31197274)
Just wait until a 51% attack succeeds. I don't think the BTC network is as resistant to government interference as you may expect.
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Re:Lets talk about blockchains
by eMGm4D0zgUAVXc7 on Thursday April 28, 2022 @03:54PM
(#31197408)
If they try to print more Bitcoin by changing the software that does NOT automatically mean that the majority of Bitcoin users will install and run that modified software.
The non-"print more money" version will reject its blocks.
So even if they throw 90% of hashpower at it then it will not be the consensus because nobody uses a version of Bitcoin which accepts the blocks it mines.