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> a 51 percent attack could technically make you a bitcoin billionaire That's not the case. A 51 percent attack doesn't allow you to steal bitcoin, if that's
by javert 6y ago
> a 51 percent attack could technically make you a bitcoin billionaire
That's not the case.
A 51 percent attack doesn't allow you to steal bitcoin, if that's what you have in mind.
- Clewza313 6y agoA successful 51% attack lets you double-spend your coins, which is effectively the same thing. (Until the market catches on and BTC plummets, anyway.)
- deleted 6y ago[deleted]
- javert 6y agoYou are not going to be able to double spend a billion dollars. And it would cost hundreds of millions, possibly over a billion, to accumulate enough mining power to perform a 51% attack.
- deleted 6y ago[deleted]