Re:Coop. among an anon. group protected Bitcoin during failu...
by Ekaros on Friday June 10, 2022 @07:54AM
(#31692779)
The whole 51% really isn't too practical in reality. It means you can overwrite some transactions. While losing the mining rewards too for the period.
So first you need big enough transaction that makes it worth the resources spend. That is doing more work. And that transaction needs to be such that if it gets reversed the other party can't take other avenues to claim value back.
So first you need big enough transaction that makes it worth the resources spend. That is doing more work. And that transaction needs to be such that if it gets reversed the other party can't take other avenues to claim value back.