3 ms·
There's luck involved too. In the limiting case, imagine you have 0.001% of the network hash rate and need a 1 block lead. This can happen every now and then, b
by yanmaani 5y ago
There's luck involved too. In the limiting case, imagine you have 0.001% of the network hash rate and need a 1 block lead. This can happen every now and then, but getting a 2 block lead is basically impossible.
The exact formula is given in the Bitcoin whitepaper <https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf>, see page 6 and on.
- yuliyp 5y agoAccording to that formula, in a 51% attack, probability of success = 1 (since 51% attack means you are more likely to find a hash than all others combined), right?