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Re:Ask HN: What will happen with BitCoin eventually by solomatov on Friday May 26, 2017 @11:02PM (#14428725)
Powerful countries can easily perform 50% attack and decide which transactions get confirmed and which not. Effectively, this makes it possible to completely stop transactions on the network.
Re:Ask HN: What will happen with BitCoin eventually by dmitryame on Saturday May 27, 2017 @09:35AM (#14429993)
In theory, such an attack is possible, in practice -- very unlikely at this point given the number of miners out there. Here is what it was in 2015: http://www.zerohedge.com/news/2015-11-19/bitcoins-computing-... Today it's even higher than ever: https://news.bitcoin.com/why-bitcoin-is-close-to-a-record-br...