If the State gains majority hashrate, all Bitcoins will fail. Empty blocks, re-orgs, double-spends. The system would break until a PoW change, and even then it would still require majority honest hash.
Better to not have PoW in such a scenario.
What the chain says
- Block
- 636 848
- Time
- 2020-05-28T04:01:35Z
- Signer
- 17zmPibuXUuDsPnW5B4UVsV9jin35HWWU2
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1832
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
17zmPibuXUuDsPnW5B4UVsV9jin35HWWU2 Verified