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by kbhn 2030 days ago
Good assets also don't get stolen if 51% of the network becomes compromised by a bad actor.
1 comments

Hm? Stolen assets you say?

https://en.m.wikipedia.org/wiki/Civil_forfeiture_in_the_Unit...

https://en.m.wikipedia.org/wiki/Executive_Order_6102

https://en.m.wikipedia.org/wiki/Greek_austerity_packages

A 51% attack doesn’t let the bad actor steal someone else’s coins. It lets them reverse and double spend their own spending. They can’t directly steal coins. The flexibility of open source software gives opportunities to mitigate such an event, should it happen.