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by X6S1x6Okd1st 1776 days ago
Not to mention that Ethereum has shown willingness to hard fork to punish/reward specific actors.

If an actor pulled off a 51% attack on Ethereum I'd be surprised if there wasn't an effort to just hard fork them out of their resources.

2 comments

IIRC they have written blog posts in the past saying just as much.

Without losing their stake to slashing penalties, though, the worst kind of attack 66% (not 51% iirc) can do anyways is a censorship or denial of service attack. Which is bad, but at least they can't revert transactions or double-spend like in a PoW model.

The whole network is a political facade, EEA controls the morals of the system so they can and will do whatever they want.