3 ms·
Correct me if I'm wrong, but if you own > 50% and get the ability to reverse transactions, it can still go undetected. So it's possible to hurt others without h
by mathnmusic 6y ago
Correct me if I'm wrong, but if you own > 50% and get the ability to reverse transactions, it can still go undetected. So it's possible to hurt others without hurting yourself.
- CydeWeys 6y agoHow would it go undetected? The people whose transactions are being reversed would definitely notice, as would anyone else paying close attention to said transactions.
- Cthulhu_ 6y agoIn theory yes, but in practice the people most involved (holding large stakes) would pull out of the system en masse, crashing the value and (probably) the whole network with it. Same with BTC. In theory anyway.
- progval 6y agoWhat if those people had more to lose by pulling out than pretending nothing happened as long as the 51% attacker does not abuse it "too much"?
- deleted 6y ago[deleted]
- everfree 6y agoIt definitely doesn't go undetected, as the conflicting transactions would have to be in blocks both forking from a common block, both signed by the attacker, which is a slashing condition that would burn their staked ether.