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Wouldn't you need to have a majority of the hash power to fork the chain and generate a longer one anyway? I think it's well understood that anybody managing to
by simias 9y ago
Wouldn't you need to have a majority of the hash power to fork the chain and generate a longer one anyway? I think it's well understood that anybody managing to go above 50% of the hash capacity effectively "rules" the currency.
- KirinDave 9y agoThis is a common response to this but I don't think it's true in every case. I think if your goal is strictly to disrupt the Bitcoin service you can accomplish that by disrupting and attacking individual nodes in parallel and letting the resulting chaos from these cheaper attacks widen the scope of your disruption, stepwise.