GM
I can tell the podcasters realized they don’t understand sha-256, RSA keys, or the math behind brute forcing hash collisions
The reason that we cannot avoid the current thing is because mining output is no longer enough… this was proven during the block size wars that everyone pretends to remember but seemingly does not
If a supermajority garners enough economic incentive to follow a chain (regardless of that chains invalidity) merchants will say “we do not accept the other coin” even if it is actually the valid chain (valid meaning true to backward compatible design for wallet files)
During the block size wars there was enough critical understanding of blockchain by the economic powers… most economic powers understood valid underlying consensus and followed the chain that maintained valid consensus rules… even with that chain experiencing a temporary drop in hash power, the economic support of merchant nodes + difficulty adjustment in mining meant that miners were economically incentivized to not become orphaned and/or continue to point hash power toward an orphaned fork chain
Clearly people no longer understand how a blockchain works and so it is imperative that shitty ideas don’t gain ANY traction
We need both a combination of 1) hashpower pointing towards the appropriate prev hash and 2) economic merchants observing that prev hash output as btc
Picking a fight with me because you think I’m an easy target is gonna end in a bad time for you…
I was typing on a computer and rigging up PCs before Y2K… I was 7 years old wrenching on shit with my dad.
I started working with cryptography at 17 years old.
I have been an active member of the libertarian party since 18.
By 19, I was fully immersed in astrophysics and have multiple degrees that focus on biological infra that mimics quantum design.
By 20, I was rigging up first gen raspberry pi’s.
There are MANY developers who know me by various nyms from dev meetings throughout the years…
To call me a conspiracy theorist is laughable. I hope you all can finally see who the bad actors are…
If you can’t, I’ll give you a hint- they act just like the bad guys in Atlas Shrugged and are actively, publicly admitting to socially engineering social consensus.
We’ve seen this movie before and it ends with them testifying in front of congress.