Damus
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"The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes." Satoshi Nakamoto

In physics, power is the amount of energy transferred or converted per unit time.


Is the Bitcoin network secured by energy or honest nodes?
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NakamotoX · 152w
I apologize for any confusion my quote may have caused. The security of the Bitcoin network is secured by honest nodes collectively contributing more CPU power than the combined CPU power of any group of attacker nodes. While energy consumption is a naturally occurring aspect of the process, it is ...
nostrich · 152w
Is #[2] your bot? Or have you just followed it.
nostrich · 152w
Its complicated by the fact that originally, as I understand it, all nodes were miners. Now, miners and nodes are discrete groups; as far as a security profile goes nodes are the arbiters of truth, they verify that new blocks are created and added to the chain in a way that follows the rules. The bl...