Re:Do you trust the Bitcoin Foundation?
by oleganza on Thursday February 13, 2014 @10:07AM
(#7231708)
No. If all miners start mining their own fork (e.g. creating 250 BTC in a block instead of 25 BTC), users' wallets will reject such blocks. Some other miners will pop up to continue mining the blockchain under previously agreed upon rules.
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Re:Do you trust the Bitcoin Foundation?
by maxerickson on Thursday February 13, 2014 @10:10AM
(#7231724)
If it happened just like that, all the new money (which really helps keep prices higher) would dry right up.