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Distributed trust systems ought to work because we love the idea, but there is always the chance we shall find that anonymity is not such a good thing for trust.

I see no particular reason why bitcoin addresses should remain anonymous in the future, making the impact of this power less, but still a fix to the protocol or a lot more miners will be preferable.

I would love to know if this is because the GHash pool has grown (through presumably investing 2012/13-bitcoin profits into hardware) or if it's because others stopped hashing.



if this is because the GHash pool has grown (through presumably investing 2012/13-bitcoin profits into hardware)

It has grown, but not because of Bitcoin profits. cex.io is probably the easiest on-ramp to mining, and all miners are pointed at GHash.




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