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10 sats \ 3 replies \ @jk_14 OP 26 Dec 2022 \ parent \ on: Pseudocode for robust tail emission bitcoin
This single miner network would still be secure.
No comment (I could do a 51% attack, then)
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0 sats \ 2 replies \ @shyfire 26 Dec 2022
Still wouldn't be able to steal my UTXOs
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0 sats \ 1 reply \ @jk_14 OP 26 Dec 2022
Oh ok! The securing of the quality of "store of value" of Bitcoin - is not the securing, then... (check with Google how well the quality of "store of value" was in pair with some successfull 51% attacks)
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0 sats \ 0 replies \ @shyfire 26 Dec 2022
Right yeah, definitions are important. I'm using the term "security" in the classical sense - protection of my UTXOs from malicious actors. Agreed that in this 1 miner scenario all sorts of other things such as predicability, finality, fiat exchange rate etc could all be out the window.
Btw this tweet was also cool https://twitter.com/blockwareteam/status/1607009497708654592
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