the "real" branch will always survive.
In a network where the hashpower is concentrated in the hands of a few, there's no "real" branch, just another type of bank.
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the "real" branch will always survive.
In a network where the hashpower is concentrated in the hands of a few, there's no "real" branch, just another type of bank.
I disagree. That hashpower only has "power" becasue the people give it. Their rewards are only worth anything if they appease the users. If they misbehave, the users are always free to do as they please. That is the power of Bitcoin. "Bitcoin" might be taken over, that does not stop the people from keeping "their version" going.
Bitcoin mining is a lot more decenteralized than you make it out to be.