@banitama @MrSkweeze Let’s say the companies outnumber normal nodes 4:1 with malicious software (maybe expanding to 42 million coins) Normal nodes wouldn’t run the malicious software and the network would likely fork. Miners would stick to the original chain which would be more valuable having not been diluted with more coins.
Companies would have themselves a chain that no one would want and would have wasted all their capital spinning up malicious nodes.
"It is no coincidence that the century of total war coincided with the century of central banking."
— Ron Paul, End the Fed
Is it possible that a group of companies run thousands of nodes to take over the consensus of the network from the plebs?
Looks like I need to buy more Pi.
Bitcoin hodlers have another instance to join here.
Boost / repost this to reach more potential users and keep the fediverse distributed.
This instance is Pleroma with Soapbox. The web UI is pleasant and has a great one on one messenger that you won’t find on Mastodon. You can also use apps compatible with Mastodon and Pleroma.
Onion service available: 4jqv7gntqtwjqijamez7ikrioy7sezgeghr4idjtvhnwvn4ehdxryxad.onion
Running @lightning LND v0.12.0-beta on my 64bit #RaspiBlitz, looking good.
Release notes: https://github.com/lightningnetwork/lnd/releases/
Download, verify and update: https://openoms.gitbook.io/lightning-node-management/lnd.updates#update-lnd-to-v-0-12-0-beta
#bitcoin #lightning ⚡️
When did bitcoin network begin?
Please boost for exposure.
Be ready for your funds to be kept hostage for information on all the custodial exchanges.
* use @bisq_network and @hodlhodl
* buy from friends with cash
* earn
* mine
#bitcoin
---
RT @plan_marcus
Today @Bitstamp has gone even further than the law requires. They now want me to:
- show them how much I earn
- show them where I got my #bitcoin from
- proof of funds
Seriously!! WTF!! And I can’t withdraw and leave so must comply..
https://twitter.com/plan_marcus/status/1353603559892377600
Greg Maxwell on whitepaper removal from bitcoincore.org
Alright, tried nyx by torproject. I guess it's not for me. It ate half of my system's RAM.
I’m sorry everyone please come back
Bitcoin Core usage survey from contributor Andrew Chow:
https://survey.alchemer.com/s3/6081474/8acd79087feb
info about the survey:
https://achow101.com/2021/01/bitcoin-core-survey
Concerned about having your account shut down? Time to talk about Bitcoin Fediverse!
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Not your instance, not your timeline.
