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Well, all current data-centric global consensus cryptocurrencies are vulnerable. In the Holochain model (https://holo.host/ https://holo.host/) of distributed
by pjkundert 6y ago
Well, all current data-centric global consensus cryptocurrencies are vulnerable.
In the Holochain model (https://holo.host/ https://holo.host/) of distributed agent-centric consensus, a single non-fraudulent DHT node can detect any fraudulent transaction, and all other non-fraudulent nodes are informed of the self-incriminated fraudulent agent and transaction, confirm the fraud, and no longer respond to the fraudulent node.
So, only a 100% attack will succeed. And, the ill-gotten gains are permanently useless.
- m00n_r1d3r 6y agoWell, in that sense Nano is immune too: every honest node agrees that only the owner of the private key can change the wallet balance. Only thing 51% can do is stall the network, it doesn't allow double spends or creating new money or reverting history. And Holochain is not a cryptocurrency as far as I understand: while they say something about mutual-credit cryptos they definitely not the main scope of the project.