Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M...
by ajross on Wednesday May 23, 2018 @06:32PM
(#17139020)
> all you really need to know is the cost to get to 51% and stay there for a given amount of time
That's actually, if anything, underestimating the likelihood of a 51% attack. It seems that the more likely path to that situation is collusion between segments of the existing mining community. For such a cartel, the "cost" is zero, it's just a matter of trust.
That's actually, if anything, underestimating the likelihood of a 51% attack. It seems that the more likely path to that situation is collusion between segments of the existing mining community. For such a cartel, the "cost" is zero, it's just a matter of trust.