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replied 1934d
Not true. Monero is a great example. If majority of the ecosystem decides they can replace miners easily at will.
replied 1934d
Social media is not the "ecosystem". Yeah, let's see if these social media influencers can replace miners "easily at will".
replied 1934d
ASIC miners are easily replaceable if economic majority stands behind an algorithm change.
replied 1934d
replacing miners with other miners
seems like a Sisyphean analogy.
replied 1934d
Bad actors have to be sidestepped by majority otherwise this is no improvement over the fiat system. Imagine if you had no option but was forced to live under Blockstream's policies.
replied 1934d
What would you think about
replacing miners with a global supercluster ?
(I clarify this excludes any A.I.)
]Such certainly seems achievable.
The problem is human greed.