Quote from: jbreher on August 18, 2017, 03:00:20 AM

Quote from: empowering on August 18, 2017, 01:24:35 AM

Are you suggesting that somehow the Blockstream satellite broadcast of the chain will overrun and ACTUALLY FOR REAL take over the network/ BTC chain i.e the longest running chain with the majority of hash power? and somehow subvert it to essentially BlockstreamCoin ?

Not at all. I am suggesting that this action of broadcasting this sequence of blocks that is completely free of even being passed through any non mining nodes, as if it were the One True Chain, exposes that the narrative that non mining fully validating nodes are central to the security of the network, is unmitigated bullshit.

With this, blockstream dashes the myth of the power of the Raspberry Pi.

The entire rationale behind cripplecoin has been ejected by its most ardent adherents.

It is just a satellite broadcast of Bitcoin blockchain made by Blockstream. I am sure soon there will be many other broadcasting either the same blockchain or whatever blockchain they want (waiting for ViaBTC to do it with their BCH blockchain). It's a free market, noone is blocking anyone else to do the same. That's where the decentralisation resides.