{"id":13510,"date":"2014-06-16T10:41:08","date_gmt":"2014-06-16T15:41:08","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=13510"},"modified":"2014-06-16T10:41:08","modified_gmt":"2014-06-16T15:41:08","slug":"its-time-for-a-hard-bitcoin-fork","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=13510","title":{"rendered":"It&#8217;s Time For a Hard Bitcoin Fork"},"content":{"rendered":"<blockquote><p>GHash is in a position to exercise complete control over which transactions appear on the blockchain and which miners reap mining rewards. They could keep 100% of the mining profits to themselves if they so chose. Bitcoin is currently an expensive distributed database under the control of a single entity, albeit one that requires constantly burning energy to maintain &#8212; worst of all worlds.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/hackingdistributed.com\/p\/2014\/06\/13\/in-ghash-bitcoin-trusts\/\">It&#8217;s Time For a Hard Bitcoin Fork :: Hacking, Distributed<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GHash is in a position to exercise complete control over which transactions appear on the blockchain and which miners reap mining rewards. They could keep 100% of the mining profits to themselves if they so chose. Bitcoin is currently an &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=13510\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1121],"tags":[742,283],"class_list":["post-13510","post","type-post","status-publish","format-standard","hentry","category-current-events","tag-bitcoin","tag-tech-blog"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/13510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13510"}],"version-history":[{"count":1,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/13510\/revisions"}],"predecessor-version":[{"id":13511,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/13510\/revisions\/13511"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13510"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}