Post
Topic
Board Development & Technical Discussion
Re: Is 51% attack a double-spending threat to bitcoin?
by
aliashraf
on 14/04/2020, 17:05:04 UTC
Are we clear? This full-node, full-node propaganda is totally fake and misleading. It is not a campaign in favor of empowering bitcoin users by giving them an opportunity to run a full node, it is just a trick to relying less and less on miners in a baseless and paranoid way: Who in the hell can imagine a scenario in which miners are colliding for 3-4 days to inject a few false UTXOS in bitcoin blockchain? A paranoid or a politician.
I think this is again pretty much a question of what you think bitcoin is. A lot of people out there think a lot of things about what bitcoin is and there are claims from con-marketeers about "Real Bitcoin" "True Vision" etc etc.  If you feel that we CAN trust miners, media can be believed to disseminate trustworthy information, full nodes are not needed etc etc. then there are plenty of other centralized scaling approaches out there.

If we take all these issues on privacy, trust on miners, media etc for granted then you are not in agreement with the privacy and security model of bitcoin made possible because of full nodes.
I think you are now somehow agitated by the previous embracing post, aren't you? it is what they do, they trigger anxiety and push buttons, be careful.

Bitcoin is what it is and presented in its white paper. The "Full-node! Full-node!" screams are fake and a canonical part of a made-up discourse. Bitcoin is dependent on PoW,  ways far beyond what they are presenting and it means there are lots of opportunities for utilizing PoW to help with crucial problems like the one I suggested above.

Alienating scaling/mass adoption/decentralization proposals by spreading FUD about PoW is an alien discourse and has nothing to do with bitcoin white paper.