Post
Topic
Board Bitcoin Discussion
Re: Bitcoin even more broken than previously thought
by
warpio
on 26/11/2013, 16:59:43 UTC
Selfish mining doesn't break bitcoin at all. All this does is speed up the confirmation time, and increase the fees required to get your transaction in a block. In any case, bitcoin was meant from the beginning for miners to be incentivized, so of course the most profitable mining strategy will win out. It does not need "honest miners" who only mine for the good of the world.