4 ms·
By proof-of-work consensus. This makes attacks costly, basically they have to spend more resources than half the network, hence the name "51% attack". The Bitc
by fidelramos 2y ago
By proof-of-work consensus. This makes attacks costly, basically they have to spend more resources than half the network, hence the name "51% attack".
The Bitcoin whitepaper [0] is a very accesible read, but the revolutionary ideas are not immediately obvious.
[0] https://www.bitcoin.com/bitcoin.pdf https://www.bitcoin.com/bitcoin.pdf