RE: Official Beta Launch of our Site!
You are viewing a single comment's thread:
Well, if they understand how Hive works, all they need to do is drop a hunk of cash on powered up Hive, and start flagging.
0
0
0.000
Which ironically, is very good and bad for the system lol.
Mostly bad. Hive only has a far more limited number of witnesses than other chains, making it far easier to censor if big players become upset with activities on the blockchain.
An immutable public blockchain makes it dead easy for authorities to track who's using this.
That's true. Theoretically it probably wouldn't take much to put pressure on a majority of witnesses either.
That majority is not a large number, as it is a feature of the Hive blockchain to use a small number of witness to achieve it's four second transaction validation consensus.
Bitcoin, the largest chain of them all has (at time of writing) 16843 nodes, where Hive has 100 nodes and only the top 20 doing the active validation, with the remainder being backup. So it would not take much pressure to influence the network.
Cast your mind back to the issues when Justin Sun attempted to take over the chain. He was only exercising stake, and not using the intimidation of police violence, arrest, jail and asset confiscation, all of which the state has at it's disposal.
Yes absolutely. The issue with Bitcoin is getting all of the people to agree to change. As numbers increase, security increases but getting everyone to agree on software updates also increases in difficulty.
Flagging what though? The only relevant thing they could target would be magnetbank announcement posts, the actual hashes are just custom json transactions which can't be flagged or censored at all..
Folks are flagged plenty for no reason I can ascertain, and for pretty obvious reasons, alla time here.
I recall no DV mechanism on the discord clone Peakd gave us a peek at recently. That might be a good place to announce things. I simply wanted to point out that attack surfaces would be easily attacked on Hive, and that should be kept in mind.
Hive is an immutable public blockchain, making it dead easy for authorities to track who's using this.