If you have a lot of hashing power, you have a higher probability to find the right solution to attach the block. If there is a bifocation, every one will always follow the longest chain. But if i have more than 50 %, why no, red this bivocation, i can go faster.
Blockchain technology has gone mainstream. It earns huge amounts of column inches and airtime. Stories abound of Bitcoin millionaires and multimillion-dollar ICOs (Initial Coin Offerings). New cryptocurrencies are launched every week. People who don’t entirely understand what they’re buying are rushing to purchase Bitcoin for fear of missing out, and recently the UK's Royal Mint announced its first ever blockchain-based non-fungible token, an NFT. Back in 2018, Intelligence Squared gathered crypto specialists to debate whether blockchain technology has a legitimate future or not, including Jamie Bartlett, author and analyst on the politics of the internet, blockchain expert Primavera De Filippi, Vit Jedlička, President of the micronation Liberland, and crypto journalist David Gerard. The host for this discussion was journalist, author and former BBC News Editorial Director, Kamal Ahmed.
Learn more about your ad choices. Visit podcastchoices.com/adchoices