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51% attack would require a collusion of the large group of the miners, and, if successful, will likely cause a massive price drop. Which is the last thing miner
by olegkikin 10y ago
51% attack would require a collusion of the large group of the miners, and, if successful, will likely cause a massive price drop. Which is the last thing miners want.
P.S. And btw, it's >50% attack, not 51% attack. You don't need that whole extra percent.
- int_19h 10y ago> 51% attack would require a collusion of the large group of the miners If you can shut off 70% of all the miners (because they run backdoored hardware), then you only need >50% of the remaining 30%, no? Which should be a lot easier.