A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53474 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53474 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
Relevant
Hot
New
Spam
Relevant
Hot
New
Spam
0
126
0
126
"The economic security of Bitcoin and other proof-of-work cryptocurrencies relies on how expensive it is to rewrite the blockchain. If a 51% attack were economically feasible, an attacker could send a transaction to a victim, launch the attack, and then double spend the same coins back to themselves. Satoshi Nakamoto assumed that this would not occur because a majority of miners would find it more lucrative to honestly follow the protocol than to attack the chain, the source of their own mining revenues."
"The economic security of Bitcoin and other proof-of-work cryptocurrencies relies on how expensive it is to rewrite the blockchain. If a 51% attack were economically feasible, an attacker could send a transaction to a victim, launch the attack, and then double spend the same coins back to themselves. Satoshi Nakamoto assumed that this would not occur because a majority of miners would find it more lucrative to honestly follow the protocol than to attack the chain, the source of their own mining revenues."
Some low-ranking comments may have been hidden.
Some low-ranking comments may have been hidden.