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102 sats \ 3 replies \ @BITC0IN 23h \ parent \ on: A soft fork is a 51% attack on Bitcoin bitcoin
specifics and context.
Taking a 51% attack out of context and warping it into soft fork dynamics is click bait.
I worried about that when I wrote the title. I thought about doing it this way:
A soft fork is a 51% attack (that we like)
But I took off the parenthetical because I wanted to emphasize the point that a soft fork only works if miners work together to reorg out miners who don't do it.
I also don't like the feeling I get that we have all agreed that soft forks are somehow okay and not risky. Hard forks sound scary and Bitcoiners generally view the idea of a hard fork with skepticism. Soft forks on the other hand, we talk about like it's no big deal. This is not the case.
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