MartyBent on Nostr: There’s been a lot of talk about the potential for the government to co-opt and/or ...
There’s been a lot of talk about the potential for the government to co-opt and/or seize miners to 51% attack the network or reorg the chain on an ongoing basis lately.
One thing that I think isn’t given enough thought in these discussions is the fact that coinbase rewards aren’t released to a miner until 100 blocks after the block they mined.
Can’t exactly put my finger on it, but I have an intuitive feeling that this is a crucial part of the game theory that many are missing.
Published at
2023-04-19 17:48:53Event JSON
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"content": "There’s been a lot of talk about the potential for the government to co-opt and/or seize miners to 51% attack the network or reorg the chain on an ongoing basis lately. \n\nOne thing that I think isn’t given enough thought in these discussions is the fact that coinbase rewards aren’t released to a miner until 100 blocks after the block they mined.\n\nCan’t exactly put my finger on it, but I have an intuitive feeling that this is a crucial part of the game theory that many are missing.",
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