No. There’s only a social consequence if a fedimint node (or nodes) act maliciously and try to steal funds. With Bitcoin, there is a real resource consequence which prevents miners from ever attempting this.
Fedimint is more like a proof of stake model, while Bitcoins proof of work sets it apart. Deleted Account (npub1t0n…jgqv) knows this.
Zach⚡️
npub1hy…3ntt0
2024-01-24 15:46:07
in reply to nevent1q…xj2d
Author Public Key
npub1hymqekqgkf8vhlgr2a0n6cmmre3v48l2g9dvv7mvtvg7790j35rqh3ntt0Published at
2024-01-24 15:46:07Event JSON
{
"id": "5954219491d375581841393fcbd8a390334bafe2dc54f67fea348a5c2c49342c",
"pubkey": "b9360cd808b24ecbfd03575f3d637b1e62ca9fea415ac67b6c5b11ef15f28d06",
"created_at": 1706111167,
"kind": 1,
"tags": [
[
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],
[
"e",
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],
[
"p",
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],
[
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[
"p",
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]
],
"content": "No. There’s only a social consequence if a fedimint node (or nodes) act maliciously and try to steal funds. With Bitcoin, there is a real resource consequence which prevents miners from ever attempting this.\n\nFedimint is more like a proof of stake model, while Bitcoins proof of work sets it apart. nostr:npub1t0nyg64g5vwprva52wlcmt7fkdr07v5dr7s35raq9g0xgc0k4xcsedjgqv knows this.",
"sig": "44f576bccd5dffb8e3ffa3530c111db2e64df0858aa41cc6df075f004745ab2abf70e860f4010da1f9d4342fb22c41e9507d95437235a878f34d8866ab182d1d"
}