can you elaborate? ELI5. e.g. how would BCH resist 51%+ hashpower refusing to process cashfusion txs or build on any block that included them?
Let's say this 51%+ hashpower is invalidating any block including a CashFusion transaction (active censorship). CashFusion transaction fees rise, as they seem not to get confirmed.
> The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes.
- Satoshi Nakamoto
This is also why:
- Block subsidy don't really protect the network against censorship (although it helps against double spending).
- Proof-of-stake is less censorship resistant than
| proof-of-work (once you corrupt enough coin holders, it's over) and shouldn't be used for something that wants to be money.
| Honest miners deploy new hashrate in order to mine these transactions (economic incentive). At some point, censoring hashrate falls below 50% and honest miners can build the longest
| chain.
With the deep reorg protection on BCH, this is more complicated but it can still be done. You also still need to have a decent fee level, so a lot of users should be ready
| to pay for privacy in this case.
