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In spite of your condescension, I don't think you understand what a 51% attack is. You are confusing agreement on hard-forks with POW consensus in your defense
by ericb 9y ago
In spite of your condescension, I don't think you understand what a 51% attack is. You are confusing agreement on hard-forks with POW consensus in your defense of why Bitcoin is not vulnerable to a state mandated 51% attack from China.
Satoshi's brilliant solution to the Byzantine generals problem of consensus is proof of work, not "nodes decide what code to run" precisely because nodes are vulnerable to sybil attacks.
-How would these nodes know that the 51% attack history is bad?
-A proof of work change is a hard fork, and these take months to deploy properly according to core.
- Frogolocalypse 9y agoYou have no idea what you're talking about.
- deleted 9y ago[deleted]