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by avhwl
2445 days ago
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>Bitcoin can be hampered but not outright killed, at least not over night. A death by a thousand cuts is the most likely solution but by no means guarantees Victory. Ignoring policy attacks, and focusing on the purely technical: A useful metric here is to compare the cost of executing a 51% attack on Bitcoin long enough to erode confidence in the software to the military budget of the top nation states. Additionally, the broadly assumed consistency properties of Proof-of-Work cryptocurrencies fall apart in the face of a powerful network adversary who can cause arbitrary segmentation. |
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