Very interesting read from a Dutch blogger (whom is also pro-bitcoin). Don't let the title fool you. This guy actually makes a solid point about the 80% BTC hashing power being centralized in China alone, and that only 5 or 6 mining pools could take control over the network. BTC is getting more and more centralized in that sense.It is interesting to see how different blockchain protocols would potentially be able to fight these attacks. An interesting read that really makes you think.https://ift.tt/2HW7T78
Submitted March 29, 2019 at 08:44PM
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