On Mon, Jul 11, 2022 at 04:35:02PM -0400, Russell O'Connor via bitcoin-dev wrote: > > What happens after that I'm not sure. > > > > Miners will learn to create anyone-can-spend outputs to bribe other miners > to build on their block rather than reorg it. (Due to the coinbase > maturity, this will require some amount of floating capital.)
...and that's a disaster for mining centralization, because the smaller miners need to pay larger bribes than larger miners. Not to mention having to keep capital around to do it. -- https://petertodd.org 'peter'[:-1]@petertodd.org
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