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by TheNewAndy 771 days ago
How does it solve the Byzantine generals problem?
1 comments

By proof-of-work consensus. This makes attacks costly, basically they have to spend more resources than half the network, hence the name "51% attack".

The Bitcoin whitepaper [0] is a very accesible read, but the revolutionary ideas are not immediately obvious.

[0] https://www.bitcoin.com/bitcoin.pdf