fiftyonepercentattack Tag Posts Index

51% Attack Mitigation Penalty System by Horizen

POB Proof of Bitcoin and 51 percent Attack

(updated) Hello recently the infamous 51% Attack has become all too common. Before, it was just a theoretical possibility. But since it happened to verge and the

Proof of Work coins like Bytecoin can now be 51% attacked for just $500? Bitcoin private for only $700? New Website shows which POW coins can be 51% attacked for cheap! DPOS is the future!

So on news.bitcoin.com today AND on Ivan on Tech we see everyone talking about the 51% attack Double Spend potential of attacking a chain by having MORE hashing

Why Proof-of-work isn’t suitable for small cryptocurrencies

It seems that proof-of-work (PoW), the consensus protocol behind Bitcoin, isn’t ideal for smaller cryptocurrencies, because they’re far more vulnerable to what are

PoW에 대한 51% 공격

최근 들어 51% 공격을 당하는 PoW들이 늘어나고 있습니다. 때마침 이런 것을 분석한 논문이 있어서 간단하게 공유하고자 합니다. 복잡한 분석은 아니고 과거에 페북에서 이야기를 했듯이 시작한지 얼마되지 않은 PoW에 대한 51% 공격을 하기 위한 복잡도는 매우 낮다는 설명을 하고 있습니다.