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A comment on Proof-of-Stake is better than Proof-of-Work; the Merge won’t fix other problems. Parent comment

Re:Proof-of-Stake is better than Proof-of-Work; the Merge wo... by SamPatt on Saturday August 20, 2022 @11:06AM (#32532555)
Bitcoin is not controlled by the nodes.

It is controlled by the miners, and a 51% attack is a serious concern. It always has been, and it always will be.

It was designed assuming at least half of the network would not be malicious.

The blocksize war absolutely didn't prove the superiority of the nodes. These are tall tales told by people who really wanted that to be true.

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Re:Proof-of-Stake is better than Proof-of-Work; the Merge wo... by davidgerard on Saturday August 20, 2022 @11:46AM (#32532877)
The decision was made by the exchanges. Bitcoin Cash wanted the BTC ticker, and didn't get it.

That's why in the ETH merge, the issue is who the money goes with. Circle and Coinbase are going with the merge, so it wins.

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