Bitcoin's Balance of Power
(1 reviews)
Site Rank : 99999999
Introduction:
Let’s imagine a scenario where 75% of miners (by hash-power) tries to change the rules of Bitcoin with a so called hard fork. How will this affect the network as a whole?
What will happen if some people disagree and want to resist the change?
It turns out that miners are not the rulers of bitcoin…
…There is a certain Balance of Power in the bitcoin ecosystem…
Links Related to Bitcoin's Balance of Power