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The real problem would be if some group of people gathered a mining majority. Losing a huge chunk of miners overnight would have just a short effect, till the n
by amq 9y ago
The real problem would be if some group of people gathered a mining majority. Losing a huge chunk of miners overnight would have just a short effect, till the network adapts the difficulty.
- vmarsy 9y agoYeah the famous '51% attacks'. I read some of the online resources in the subject, including the one swinglock mentions[1]. And yeah the answers are a bit outdated, like the 2013 on: 'As for the merge, this is still being discussed and we do not have a good contingency plan'. The answer seems to be the 'longest chain wins' ... so that's not a 100% convincing answer. Is there a way to know the distribution of nodes per country? [1] https://news.ycombinator.com/item?id=14594172 https://news.ycombinator.com/item?id=14594172