3 ms·
A) 100% honest miners, 1 hash per century. B) 55% honest miners, 1 googol hashes per second. What is more secure in your view? hashrate is absolutely necessar
by inter_netuser 6y ago
A) 100% honest miners, 1 hash per century.
B) 55% honest miners, 1 googol hashes per second.
What is more secure in your view?
hashrate is absolutely necessary for high security.
- bouncycastle 6y agoRead bitcoin.pdf
- inter_netuser 6y agodo you want to cite a specific paragraph?
- bouncycastle 6y agoYou can search for the word "honest" and read everything around there… Section 6 about incentives discusses about why nodes may be honest rather than collude to attack the system. This is the main pillar of bitcoin's security.