Re:Mainnet Merge Announcement
by remram on Wednesday August 24, 2022 @06:08PM
(#32586437)
I'm describing an attack. An attack happens when the attacker doesn't play by the rules, while the rest tries to.
Here an attacker controlling 51% of mining power decides to not play by the rules; we are considering what that means for everybody else. For Bitcoin it means they can block transactions forever, and they can double-spend.
Obviously if the attacker plays by the rules there is no attack.
Here an attacker controlling 51% of mining power decides to not play by the rules; we are considering what that means for everybody else. For Bitcoin it means they can block transactions forever, and they can double-spend.
Obviously if the attacker plays by the rules there is no attack.