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92 sats \ 5 replies \ @k00b 24 Jun 2022 \ on: What happens if an entity operates a majority of Bitcoin nodes? bitcoin
Well, by changing the consensus among non-mining nodes, you'd accept blocks with different rules, but without miners, your chain wouldn't progress.
So you'd have to start mining too and you'd be generating forked blocks/coins that no one else values given they aren't participating in your network.
I believe I understand. So even in the event that a hard fork happens because of the majority of nodes, what you're saying is this is a new network that the majority of miners would also have to switch to. So in a alternate universe where changing the block size was decided to be a good thing for Bitcoin, what this would actually mean is a hard fork (or new network) is spun up, and the old network is abandoned. In another words, both nodes and miners would have to agree to migrate. Would that be correct?