submitted by /u/fpelliccioni [link] [comments] |
source https://www.reddit.com/r/btc/comments/povapy/bitcoin_cash_protocol_news/
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https://read.cash/@francis105d1/a-crash-course-to-defi-on-smart-bitcoin-cash-93244661
It is pretty much a warning article about the risks of DeFi, LP rug pulls.
Hello. I've seen Bitcoin Maximalists arguing that Bitcoin's decentralization is dependant on the amount of node operators. This makes no sense to me, after all Bitcoin is Proof of Work and nodes can't do more than reject a bad block. At least as far as I know.
Can someone explain to me what these maxis have in mind when they say more nodes = more decentralization, in Bitcoin's proof of work mechanism? Is there any attack you can make against Bitcoin by renting 51% of the network nodes? They usually ignore my question or straight up block me when I ask that.