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by irae
1863 days ago
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Bitcoin strength and value is on decentralization. If you increase the block size, it will be seized by governments or large corporations. This has long being debated, and the reason it is like it is today, is that everyone really vested into it agreed (in a distributed way) to keep it as so. More on that here: https://twitter.com/DocumentingBTC/status/139399717145689293... And you can even buy books explaining this way better than I (or twitter) can. |
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That doesn't make any sense. Any actor, like for example a government, might seize (control) a blockchain by having overwhelming mining majority (51% attack), but that has little to do with the size of the blockchain itself.
The only reason one might have to think that way is believing the false narrative that a BTC "full node" does anything to secure the network. Only mining nodes secure the network, having a copy of the full blockchain is not enough.
Edit: typo.