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by librejustia 2977 days ago
51% attack is an issue that people have been concerned about for awhile. But an actor having 51% of the mining doesn't equal to poorly implemented centralized database. And a lot of ppl are keeping a look out for this issue so my guess is that even if one bad actor who happens to have 51%+ tries to hardfork, the rest of the community won't move.

There are efforts to deal with this issue. One example being the whole debate around moving from PoW to PoS and other systems.

1 comments

> if one bad actor who happens to have 51%+ tries to hardfork, the rest of the community won't move.

What does that mean for Walmart and tracking their inventory?

This is the problem - these blockchain ideologists only tend to see problems and solutions from the perspective of the actual cryptocurrency blockchains. Real world is sadly a little different...