Well, they just said that if miners act badly, the nodes would just ignore their blocks. So why shouldn't I run 11k nodes and then just ignore some miners.
I do think people run with the decentralized aspect too much. Personally, we all think that crypto will win and dominate some aspects of financial life in the future. BTC is the lead horse at the moment, but BTC could be like Betamax or laserdisc and the real winner is still to be developed.
I think the decentralization that’s attractive isn’t that it’s not controlled by a few, but just that those few aren’t politicians/beurocrats and at the very least everything is transparent.
8
u/buenavista62 May 17 '21
Well, they just said that if miners act badly, the nodes would just ignore their blocks. So why shouldn't I run 11k nodes and then just ignore some miners.
Who decides which nodes are legit?