Bitcoin is rules without rulers — but only if miners don’t outsource the rules.
I summarize two key papers that reveal how attackers exploit fee volatility and network latency to profitably destabilize mining — often without detection.
Decentralization is our immune system. More details in the article below.
#Bitcoin #Mining #SelfishMining #Decentralization #DATUM #Security #ProofOfWork #arXiv #Nostr #CensorshipResistance #Crypto
https://primal.net/e/naddr1qvzqqqr4gupzq59aa2xs9z3t8jxr6jt9c7zpg9xa59agm2akp8vv62784cqjstrfqquj6um9d3nxjumg94kkjmnfdenj6un9we5hx6t5v4jz6ttyv4jhqttyd9mx2ttfde6x7tt5wahj66m90ykhqctsv4e8xtgdvppt0