There's no single entity with 51% of the hash rate, so there's only a problem if you're working under the assumption that mining pools must be colluding because they happen to reside within the same arbitrary borders and communists made them do it... or something like that, anyway.
Here's the state of the network over the last 24 hours:
I remain unconcerned.
You are disingenuously spreading lies and you know it.
It has been explained to you numerous times that it is not the pools that are the only point of centralization but also the mining farms. There is one cattle farmer in China who is investing in a mining farm large enough to mine 30% of all BTC that is stolen from us via printing-coins-out-of-thin-air (aka coinbase block reward) to pay miners.
Still not 51%, though, is it. There is no
individual with more than 51% of the hash rate. So again, unless you're working under the
assumption (because you have no proof) of collusion, then there is no issue. There is no lie present in what I've said. Just your wild accusations of ill intent.
Also it is entirely illogical to claim that cartels and oligarchies do not cooperate with each other, when in fact all throughout history of mankind they always do, because it is the only way they can control the pricing and reap more profit for themselves. It has already been explained to you numerous times that the Chinese mining cartel prevented the timely increase of the block size by refusing to mine on Bitcoin Classic or XT.
I support a larger blocksize too, but just because that didn't get enough support from miners, it doesn't automatically prove beyond all doubt that they're colluding to achieve that result. You are speculating. Guessing. Assuming.
You have no definitive proof of collusion.
This is very dangerous for our future, because it means in the future when the Chinese government says to these mining farms in China (which control more than 50% of Bitcoin's network hashrate) that they must change the protocol to require that every transaction include a signed government issued identification number or that every signed transaction must include a tax contribution to China or the world government, then the miners will have no choice but to comply because otherwise they will find their $100 millions investment in mining equipment padlocked and confiscated by the government.
And in the highly unlikely event that were to happen, the rest of us would happily let them fork away to mine an empty chain that none of us would be transacting on. You can take off your "The end is nigh" sandwich board now.
What kind of delusional fantasy world do you live in DooMAD.
The one that makes a hell of a lot more sense than the delusional fantasy world you're from.
