3 ms·
Yeah, correct. Even if you do control 51%, it would be a big long term capital and operational expense to do so, so you'd probably want to play nice rather tha
by bouncycastle 6y ago
Yeah, correct.
Even if you do control 51%, it would be a big long term capital and operational expense to do so, so you'd probably want to play nice rather than destroy what you've built.
Besides, even if you attack it, a new network will just spring up again, possibly with a different mining algorithm, making your old mining gear obsolete.
Also, in PoS, another last resort "nuclear option" defence strategy would be to slash the nodes that attack the network through a hard fork. It's a "nuclear option" because in theory it's unlikely to happen, only used a deterrent.
"Slash" here means to confiscate and burn their staking deposit on the new network. (The old one will continue to operate where the arrackers reside, thus a "fork")