I also imagine that after a few days of the network being jammed up, getting social consensus to fork the network to use a different hashing function would be fairly viable.
Right. And now this theoretical actor that controls 10x the hashrate of the rest of the world has lost 10x the amount of capital invested compared to the rest of the mining world.
It's the equivalent of shooting a bullet through your chest to shoot your enemy in the finger.
It's the equivalent of shooting a bullet through your chest to shoot your enemy in the finger.