Part 4/6:
The consequences are clear: BCH and BSV operate like weak vaults that can be easily breached by BTC miners, while BTC stands strong as the foremost secure cryptocurrency within this ecosystem.
The Implications of Weak Hash Rates
Having a low hash rate not only invites attacks; it can also lead to disastrous situations. Crowder cites reports of attacks on BSV, highlighting past incidents where an unknown miner executed orchestrated attacks leading to network insecurity. He cites events from August 2021 and late 2022, illustrating how BSV had to rely on traditional legal measures to address issues stemming from weak network security.