Post
Topic
Board Bitcoin Discussion
Re: [PROPOSAL] - lock the apparent Mt. Gox coins for now
by
DannyHamilton
on 04/03/2014, 04:02:19 UTC
To avoid miners wasting effort on blocks, this could be phased in at a certain block number. There would be no need for miners who are following the consensus to surrender any earned rewards. It is just a matter of whether the majority of miners would choose to support what is just, that is all, and choosing not to have their own effort mining used to support a massive fraud or theft.

Consensus.

I don't think that word means what you think it means.