nothing really comes to mind except if they some day decide to push their hash power together and have more than 51% of the hashpower in one place aka the 51% attack but that is not a serious threat anyways. besides more than 51% hash power happened once before without anything bad happening (see GHash.IO)
That's because GHash is run by reasonable people. Imagine if some rogue pool got a sh*t-ton of hashpower because of promotion. 
Topic: BTC Vulnerability? (Read 399 times)
nothing really comes to mind except if they some day decide to push their hash power together and have more than 51% of the hashpower in one place aka the 51% attack but that is not a serious threat anyways. besides more than 51% hash power happened once before without anything bad happening (see GHash.IO)
What do you think the top vulnerabilities of the BTC blockchain are that are directly due to the increasing majority of hash power being "owned" by a single political/social entity (Chinese)?
Exactly what you said. That's the top vulnerability of bitcoin.The decreasing distribution of hashpower is directly contradicting Bitcoin's main goal which is to be decentralized.
If a miner wanted to, they can push their hashing rate to more than 50% of the network rate. After that, the miner has control over who gets transaction confirmations and who doesn't. It's effectively a DoS attack.
What do you think the top vulnerabilities of the BTC blockchain are that are directly due to the increasing majority of hash power being "owned" by a single political/social entity (Chinese)?
Exactly what you said. That's the top vulnerability of bitcoin.The decreasing distribution of hashpower is directly contradicting Bitcoin's main goal which is to be decentralized.
If a miner wanted to, they can push their hashing rate to more than 50% of the network rate. After that, the miner has control over who gets transaction confirmations and who doesn't. It's effectively a DoS attack.
What do you think the top vulnerabilities of the BTC blockchain are that are directly due to the increasing majority of hash power being "owned" by a single political/social entity (Chinese)?
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