Monday, 21 June 2021

Is it not worrying that Antpool has 49% of the hash rate?

Stratum makes it so a central pool operator is the one who decides on transactions in a block. They just tell miners what to do, so all bch miners under them just kind of blindly follow. Antpool currently has 49% of the hash rate. With a little more they could easily pull off a 51 attack.

I know they are disincentivised to do this, but is it not worrying that there is one entity that has the power to DOS the network, censor transactions, or double spend?

submitted by /u/TheFronkler
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source https://www.reddit.com/r/btc/comments/o4cof0/is_it_not_worrying_that_antpool_has_49_of_the/

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