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Replying to Avatar shortwavesurfer2009

So I was just reading an article about the Nakamoto coefficient, and it mentioned that #Bitcoin's Nakamoto coefficient is two, since two mining pools are able to collude and gain 51% of the hash rate. Measuring #Monero in that same way shows it also has a Nakamoto coefficient of 2, but it seems like a 51% attack in Monero would be less damaging than a 51% attack in Bitcoin since the mining pools would have to either stop all transactions or continue to allow all transactions through since they can't filter out specific transactions.

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Chuck Langstrumpf 9mo ago

The bitcoin asics are wothless after a successful 51% attack though.

The hardware used for a 51% attack on monero can be re-used.

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