Post
Topic
Board Bitcoin Discussion
Re: The Golden Ratio Attack. Blocks more than half full lead to mining monopoly.
by
Quantus
on 16/07/2015, 04:12:31 UTC
I knew it! Let the record show I called it first. (I just couldn't do the math to prove it)

I still have questions tho, like how high can they push transaction fees and dose this mean the end of micro transactions in the long term?

This will cause the blockchain to grow a lot faster, that's a clear downside.

I bet its the top pools working together (in secret), I have no proof just got a feeling. 

I for one, welcome our new Mining cartel overlords.