LynAlden (npub1a2c…w83a)
And that hardness of Bitcoin to change is realized by its decentralization; i.e. the number of economical regular nodes and mining nodes.
The threat for Bitcoin in that regard is diminishing numbers of regular nodes being operated and centralization of mining entities.
Insertion of arbitrary data tends to increase the equipment and operation cost for regular nodes; cost increase -> centralization increase. That’s the reason why any exploit for arbitrary data insertion can be seen as a threat in the long term.
ChrisMartl / Chris Ⓜ️Ⓜ️🅱️ Austrian Bitcoiner
npub12d…g2t6a
2023-08-09 21:37:29
in reply to nevent1q…pakx
Author Public Key
npub12dqaahgwa5zd90x8tkw93un5ef6pv9wqcws2x0ksc6q379u0k9ws7g2t6aPublished at
2023-08-09 21:37:29Event JSON
{
"id": "b0124beed24e596e427020ea4e311bd0174dab6cde31b78f4e234a96359c6023",
"pubkey": "5341dedd0eed04d2bcc75d9c58f274ca741615c0c3a0a33ed0c6811f178fb15d",
"created_at": 1691617049,
"kind": 1,
"tags": [
[
"e",
"c95d33231d6feebe32bf1b6310185796be377b944b06337574a7633f7448fe2e",
""
],
[
"e",
"3291519ae02159b023d3724480fe8d8110da2db610b60347517f1127f303e158"
],
[
"p",
"3bf0c63fcb93463407af97a5e5ee64fa883d107ef9e558472c4eb9aaaefa459d"
],
[
"p",
"eab0e756d32b80bcd464f3d844b8040303075a13eabc3599a762c9ac7ab91f4f"
]
],
"content": "nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a \nAnd that hardness of Bitcoin to change is realized by its decentralization; i.e. the number of economical regular nodes and mining nodes.\nThe threat for Bitcoin in that regard is diminishing numbers of regular nodes being operated and centralization of mining entities.\nInsertion of arbitrary data tends to increase the equipment and operation cost for regular nodes; cost increase -\u003e centralization increase. That’s the reason why any exploit for arbitrary data insertion can be seen as a threat in the long term.",
"sig": "998a4fd5ced5d46dbc66e33ef33484c611d6e975bbc601669e040c66ccb5133f64c0376a74301478168de7e4bc14e70b0db20bfe6cf5046bc08d78e2b7bb6eff"
}