Quote from: hv_ on Today at 10:42:31 AM

Quote from: Wind_FURY on Today at 09:19:11 AM

Quote from: hv_ on October 06, 2020, 11:57:07 AM

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

But trust who? WHO ARE THE HONEST MINERS?

Bitcoin is robust because it was designed to assume that EVERYONE can become a BAD ACTOR against the network.

really everyone ?

Why long term investing miners ? Big enough to really do sth bad ?

Bitcoin is perfectly done, including its implemented game theory

Miners are the makers - for the incentives - long term

everyone else just cannot do any harm, even 1000s of following Sybil nodes, cause they can only update what miners make or be out of sync - do harm for other Sybils

so better have only few powerful ones those to get paid for stay honest

You don't appear to grasp the concept behind the alignment of incentives. Any given blockchain should offer greater benefit in securing the chain than it does to cheat. Coins which get the balance wrong have already been attacked. See your cousin forkcoin, BTG, as an example. They suffered a hashrate attack because they failed to maintain the incentive to remain honest. Part of that largely unseen equation comes from the cost of sustaining such an attack for a prolonged period.

You can see the cost of maintaining a hashrate attack for a few coins here. Of the SHA256 coins that are listed, you might notice yours is the cheapest to attack. You can keep relying on trust and fanciful notions such as "honest miners" , like someone who is totally ignorant of the consequences, but we're not doing that.

You need to stop pretending you can come in here and lecture us because you've been duped by a second-rate copy of a white paper. All you have a wild theories and gross misconceptions. You clearly don't understand how any of this works in practice.