Post
Topic
Board Bitcoin Discussion
Re: Dear Bitcoin Miners
by
AgentofCoin
on 25/03/2017, 20:12:43 UTC
Consensus.
The consensus to which Satoshi refers in point 12 is only to the miners possessing calculation power.

What is Point 12?

No, Satoshi was talking about the network at the time.

When ASICs were created, those miners split their power with the
validator nodes that do not mine.

You are reading Satoshi literally and not how the ecosystem is today.
When BU made that invalid block a few weeks ago, the nodes rejected it
because the miners DO NOT control.

It is the validator node's rule set that controls.

ASIC Miners inadvertently gave half their power to Validator Nodes back in 2011.