When I talk about a decentralized protocol with a token, people ask “why wouldn’t people fork it and use Bitcoin?” I reject the question, usually. It takes a lot of work to build something and drive user adoption to it. Who is going to dedicate themselves to this lazy BTC fork?
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Perhaps dumb question, but aren't hashrate and 51% attacks going to be a big issue for any new independent blockchain?
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not a dumb question, yes they are in a network's larval state
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I haven't seen anyone explain how they'll mitigate that threat
@bramcohen might have something in mind for Chia? -
Since farming requires zero new capital investment the hope is to have lots farming right out of the gate.
End of conversation
New conversation -
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only a few coins need to have the security of PoW coins. The rest of the app coins can be PoS
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