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> The key to the system's security is that as long as 50% of the bitcoin nodes agree on that the current difficulty level is you can't inject 'fake' money into
by FooBarWidget 15y ago
> The key to the system's security is that as long as 50% of the bitcoin nodes agree on that the current difficulty level is you can't inject 'fake' money into the system.
Isn't it quite easy to spawn a few million malicious nodes?
- njs12345 15y agoYou have to have the computing power to beat 50% of the network - given the current size of the bitcoin network that's certainly not trivial.
- evan_ 15y agoUnless you're a malicious entity who doesn't mind using a botnet.
- wcoenen 15y agoThe individual in control of the DeepBit mining pool already has about 50% of the network's computing power. http://www.bitcoinminer.com/post/5328668205/deepbit-50-percent-threshold http://www.bitcoinminer.com/post/5328668205/deepbit-50-perce...