this post was submitted on 02 Feb 2024
1887 points (96.5% liked)

Memes

45729 readers
892 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
1887
Blockchain: the wave of the future (lemmy.world)
submitted 9 months ago by themaninblack@lemmy.world to c/memes@lemmy.ml
345 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Jknaraa@lemmy.ml 1 points 9 months ago (1 children)

Again, how many ordinary people will continue to run a node for a network where they have nothing for an extended period? Even if they do, will the value of the coins remain even after such an event proves the weakness of the system?

[โ€“] Knock_Knock_Lemmy_In@lemmy.world 2 points 9 months ago* (last edited 9 months ago)

Empirically after a 51% attack, 75% of people stopped mining.

will the value of the coins remain

Eth classic is currently $25.