Damus
SatsAndSports · 25w
If 51% of the mining hashrate get together and say they'll include only OFAC-compliant transactions, and they'll build only on top of OFAC-compliant blocks, then we'll have a cartel of miners that can...
Hi-Yah Lowes  profile picture
I’m curious what @Jeff Booth will answer.

But aren’t the nodes always looking for the longest chain? And while the 51% heighten the possibility of mining the next Block, it’s still possible not two get it maybe two times in a row. As soon as the cartel is two blocks behind, there is no way of catching up with the next block - so they could continue working on their OFAC-Chain but it would be shorter and therefore not valid for the nodes.
1❤️1
SatsAndSports · 25w
This mining group have 51% of the hashrate. If they remain coordinated, i.e. only mine their OFAC-compliant blocks *and mine only on top of each other's blocks*, then they will have the longest chain When they first decide to do this, then it's possible that - for the first couple of blocks immedia...