Elevated Zcash is healthy for Bitcoin \ stacker news ~bitcoin

pull down to refresh

Elevated Zcash is healthy for Bitcoin micah-warren.ghost.io/elevated-zcash-is-healthy-for-bitcoin/

100 sats \ 5 comments \ @micah541 18 Nov bitcoin

scared of selfish mining
shares selfish mining possibilities

The major disincentive is that their revenue would take a nosedive as Bitcoin crashed as a response to their actions.
assumes miners are suddenly irrational without really backing it up (except that a podcaster doesn't know what to do in such a case)

But why would they have any reason to believe this would happen?
but they're only irrational if there isn't another coin

That's where a zcash knocking on the door comes in handy.

this would be a lot more interesting if you weren't naming another coin, which you probably know, so this will set off everyone's shill bell and rightfully so.

20 sats \ 0 replies \ @OT 18 Nov

Zcash is centralized TODAY. Not a hypothetical centralized mining entity.

We don't need Zcash.

0 sats \ 2 replies \ @grayruby 18 Nov

Doesn’t one mining pool control 61% of the z cash hashrate?

I am so over this obviously coordinated marketing scam.

40 sats \ 1 reply \ @k00b 18 Nov

don't worry their leader plans to switch to proof of stake

0 sats \ 0 replies \ @grayruby 18 Nov

Thank goodness all those VCs that have been promoting it need to get some yield.