Post
Topic
Board Bitcoin Discussion
Re: Decentralization and lack of authority as a weakness
by
jonald_fyookball
on 10/07/2015, 19:14:33 UTC
I've seen many people lately criticising bitcoin's lack of authority as a possible weakness. From what it seems, users have to put (at least some) trust to miners and pools and rely on them for things like generating blocks with updated clients, including transactions etc. Wouldn't such an issue scale up as bitcoin grows? Could it be addressed somehow?

This SPV mining seems to be an issue, but it wouldnt necessarily get worse as Bitcoin grows.
Hopefully pool decentralization continues and no pool will risk their reputation being caught
doing SPV mining.