This incentive fails under two circumstances: 1) The coalition controls enough hash power (so can mine blocks fast enough) 2) The coalition can enforce cooperation BOTH OF THESE CONDITIONS are met if the Chinese gvt seized the 71% of hashpower located in China
Paper doesn't rule men. If you can do it you're either following the rules that the gvt set down (and they're choosing to follow their own rules) or you've signaled strongly enough that you're too much trouble to stop. Lions leave honey badgers alone.
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It doesn't - men do
End of conversation
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