Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
How to explain the USA/Venezuela situation using cryptocurrency terms?
Think of it this way: the USA would be the dominant node with the highest hash power and control over the network, setting the protocol standards. Venezuela would be in a position of lower computational power, operating on the network but without the ability to alter the consensus rules.
The tension between the two is like two participants in a blockchain: one controls the majority of validators (political-economic power), while the other tries to maintain its participation despite resource disadvantages.
The question is: can a minority node propose a successful fork? Or eventually be forced to operate under the terms of the dominant protocol?
In cryptocurrency terms, this is the ongoing battle between centralization of power and the resistance of weaker actors. A lesson that the crypto community understands well: the protocol that controls the consensus controls the future.
This geopolitical dynamic reflects fundamental principles that any blockchain also faces.