Post
Topic
Board Bitcoin Technical Support
Re: Mining hash rate distribution
by
mullick
on 08/02/2024, 07:24:42 UTC
I'm surprised how you interpret my post. I'm still not entirely sure if I should reply... Anyway!

Your next paragraph also doesn't make much sense to me, but that could be entirely me. I may sound like a broken record, but in the end a malicious actor simply doesn't benefit from his disruptive actions. Too much skin in the game, too much to loose by himself.

What the heck has Arion Kurtaj to do in this discussion, c'mon, be serious.  Wink Wink

Im simply trying to point out you are assuming the person in control of those pools has any skin in the game and that they are mentally stable enough to make sensible decisions.

Pools can be taken over by attackers and people have mental breakdowns. Seal team 6 could come in and hold slush hostage until he builds a side chain. There are endless possibilities your defenses dont account for. You are just being Naïve. Perhaps intentionally.

These are the simple facts. 2 or fewer actors need to be compromised in order to gain enough hashrate to significantly harm Bitcoin and your only defense is blah blah game theory blah blah economic suicide.

Arion Kurtaj is completely relevant example. It doesnt matter how lucky he was to find the exploits he did the fact is he compromised multiple major players in an industry and was reckless with their data instead of thinking it through. Neither game theory or the thought of economic suicide would have stopped someone of his mindset

You can continue to be ignorant to these threats but dont expect to not be called out on them.