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21 sats \ 2 replies \ @petertodd 19 Jun \ parent \ on: Foundry won against AntPool's competing block by switching to their own block bitcoin
It's the consensus judgement by cryptographers from the day selfish mining was thought of before it even happened for the first time ever.
Lol, no. Selfish mining was actually discovered by bitcoiners, and is one of the reasons we didn't increase the block size. Markers are not always "self-balancing systems". Winner take all markets are extremely harmful for decentralization.
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1 sat \ 0 replies \ @joda 19 Jun
Can you say more vis-a-vis block size?
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0 sats \ 0 replies \ @tomlaies 19 Jun freebie
Markers are not always "self-balancing systems".
https://pbs.twimg.com/media/GQYAVbYaIAAeQJe?format=jpg&name=small
pool allocates resources inefficient ➡️ miners switch to more efficient pool⤵️ ⬆️ miners switch to more efficient pool ⬅️ other pool dabbles in selfish mining
Capitalism takes taking Ws, Commies like Peter Todd keeps taking Ls