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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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FreeYoda 9mo ago

"Measuring #Monero in that same way shows it also has a Nakamoto coefficient of 2"

Are you now confusing the number of users ?

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shortwavesurfer2009 9mo ago

The Nakamoto coefficient doesn't measure users. It measures the amount of entities required to take consensus of the network. In Bitcoin and Monero, that would be the mining pools.

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