79bvia treechat·2mo
Replying to #06f59aeb
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  "map_content": "On \u201cit\u2019s already irrational to mine invalid blocks\u201d\n- It\u2019s irrational because validators won\u2019t accept them. That\u2019s the point: the existence and distribution of validators shape what is rational. If the network were mostly SPV clients trusting \u201clongest chain,\u201d miners could rationally coordinate to tweak rules (e.g., nudge block subsidy or relax limits) with less market blowback.",
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⬇️
79bvia treechat·2mo
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "3a80535985328ea0307d3970b62260cf8b4f966d11efbfab57382219f44dd09f",
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  "map_content": "3) A falsifiable scenario\n- Suppose 60% hashpower mines a chain that breaks the 21M cap. If the ecosystem were mostly SPV, users follow that chain. If a critical mass of economic nodes run full validation and refuse it, exchanges won\u2019t list those outputs; wallets won\u2019t accept them; merchants won\u2019t credit them. The cartel\u2019s block rewards become illiquid, and the incentive is to defect back to the valid chain. No node \u201cvoted,\u201d but validation changed the miners\u2019 payoff.",
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