Post
Topic
Board Development & Technical Discussion
Re: Are blockchains truly distributed systems?
by
hv_
on 06/10/2020, 11:57:07 UTC

Where is the trust then ? Why would that very cartel do sth 'bad' ? Could that 'hide' ?



As a simple example. Then Bitmain/Jihan Wu and the mining cartel will have a better probability to, increase the block size/remove the limit, remove the Core developers, even if if the users/community do not want both.

Plus if no one ran full nodes, you want the users to trust the miners?

You just must trust HONEST miners - as described in the initial financial term sheet of Bitcoin - read the White Paper - that is binding, only.

There is no way anything else is trustworthy and compliant with what Bitcoin defines from the start

bad things happened already