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RE: Bitcoin’s Innate Problems: Volatility and Mining Centralization

in #bitcoin • 5 years ago

Hi @reverseacid
Thanks for sending memo.
I have gone through the post and learnt much about mining pool. You have such an amazing knowledge about these technical facts and I can learn a lot from you.
I never heard that empty block is also possible and I find it's not fair. Just because ant is leading mining pool so they can't do anything.

Such a nice write up.. great work.

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5 years ago in #bitcoin by
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     5 years ago 

    Thank you for your kind words and feedback @alokkumar121

    Yes the empty block mining is possible. As long as there is a block header and nodes accept it, it is allowed. It is unfair but that is reality. As I said in the article, it cannot go on for too long as the developers will put up protocol to block such action.

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