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> AFAIK there aren't really any good solutions to prevent this problem https://blog.coinbase.com/how-coinbase-views-proof-of-work-security-f4ba1a139da0 https:/
by spir 7y ago
> AFAIK there aren't really any good solutions to prevent this problem
https://blog.coinbase.com/how-coinbase-views-proof-of-work-security-f4ba1a139da0 https://blog.coinbase.com/how-coinbase-views-proof-of-work-s...
> Coins at the greatest risk of 51% attack are the ones where there exists large amounts of hashpower not actively mining the coin that could begin mining and disrupt the coin’s blockchain.
Also, Ethereum's upcoming transition to Proof of Stake is not contentious, it's a large-scale project years in the planning and execution.
- drcode 7y agoIf you disagree, please post a proposed solution, instead of sharing a quote that describes the existing problem.
- spir 7y agoI don't disagree :) There's no silver bullet for 51% attacks, and proof of work uses unconscionable amounts of electricity, which is why Ethereum is transitioning to proof of stake.