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0 sats \ 3 replies \ @optimism 19 Jun \ parent \ on: Bitcoin Security Budget: Creating Asymmetries for 51% Attack Resistance bitcoin
You already have to go through this. If you don't, you're still a slave.
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Maybe, but the further down you re-org, the more mining rewards you reverse too. So let's say you have a 100 BTC utxo you got from me at block
t
. I selfish-mine, without publishing, a doublespend to myself in block t'
. At t+100
I publish my superior work chain of t'+105
, but now, not only do I economically harm you, I also harm 100 blocks worth of block rewards that I've just reversed.The question is now: are 100 miners + your 100BTC enough to make y'all say
naw brah
, and preciousblock t
(and with that invalidate t'
)? I think yes. Now I have to start all over, lost ALL my fiat and you still have your 100BTC.This is why the real enemy is the one with a fiat printer: the state, the bank, the saylor.