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Not a crypto fan but regarding the 51%+ attack that is sort of covered by game theory. By performing the double spend they doom the network itself so it will ei
by jpgvm 4y ago
Not a crypto fan but regarding the 51%+ attack that is sort of covered by game theory. By performing the double spend they doom the network itself so it will either be forked so it may continue or entirely die out.
Either way the party carrying out the attack is unlikely to be able to benefit from it, especially if a prerequisite of the viability of the attack is the network already being incredibly week.
- deltree7 4y agoi) Hedge Funds can easily carry out this a) Short all of PoW cryptocurrencies b) Carry Out 51% attack c) Profit. ii) Nation States can easily carry out this. a) Carry Out 51%. b) Shut the assholes who parrot, "Hurr Durr Crypto is better than fiat" once for all At this point, it is only the will that is not there, not the capability