3 ms·
No, that's incorrect. More energy does not mean more secure, and it's a common fallacy in bitcoin. If you read bitcoin.pdf, the security depends on the % of mi
by bouncycastle 6y ago
No, that's incorrect. More energy does not mean more secure, and it's a common fallacy in bitcoin.
If you read bitcoin.pdf, the security depends on the % of miners that are honest.
In a nutshell, more energy just means that the "difficulty" goes up, i.e more hashes are required, but that's nothing to do with security.