Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s...
by danuker on Tuesday November 29, 2022 @10:29AM
(#33788739)
Hopefully we won't end up on the slippery slope of centralization.
But even if there were a reduction in the amount of nodes, and in security vs. 51% attacks (looking at miners' profitability), BCH has shown its willingness to consider tradeoffs and changes.
There will be opportunity to backpedal if the community considers centralization is a bigger risk than adoption difficulty.
I fear BTC's downfall will be caused by its brittleness resulting from the fixed rules.
But even if there were a reduction in the amount of nodes, and in security vs. 51% attacks (looking at miners' profitability), BCH has shown its willingness to consider tradeoffs and changes.
There will be opportunity to backpedal if the community considers centralization is a bigger risk than adoption difficulty.
I fear BTC's downfall will be caused by its brittleness resulting from the fixed rules.