Damus
Phaedrus · 2d
Thank you. First paragraph makes sense - just running a readonly full node makes very little difference (it can decide which transactions to forward and which drop/censor but there can always be anot...
sister_sam profile picture
Nodes don't decide what transactions make it to mempool and then into a block. They all run the same rules unless they refuse latest update. If enough do then you get a chain split. Running they same rules they have zero independent real decision power over blocks or transactions.
gsovereignty · 2d
Fees are what determine if a transaction gets into a block. Which chain is valid bitcoin depends on the vendor because if the vendor and the buyer disagree on which chain is bitcoin, the vendor wins, just like whhe you go to a shop and pay with a fake $20 bill.