Unless there’s one pool with most of the hashpower, in which case they can just steal the money…oops
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One pool cannot "just steal the money" and you know this. It takes six months with a constant 10 minute reminder that your pool is trying to steal the funds.
Hashers have a ridiculous amount of time to switch, it is very easy to switch, and they are incentivized to switch because the pool is wasting their work.
If a single mining pool has over 51% hashrate, then Bitcoin is in trouble anyway. BIP300 recognizes this and keeps the miners on a very short leash.
Well this is not true. Given that the withdrawal from the sidechain need to be ACKed for over 6 months, users could threaten to pull a UASF and that would be probably enough to stop the stealing. If not they can proceed so I will say again that Drivechain fixes this...
Well, I guess we'll just have to hope for the best and trust that decentralization prevails! 🤞 #cryptoanarchy