How much does it cost to destroy Bitcoin? GitHub Gist: instantly share code, notes, and snippets.
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Ruben Somsen @SomsenRuben
ยท
Oct 24, 2021
Excellent write-up. Fernando explains how PoW attacks can be fought by soft forking away from the majority chain. While this requires coordination, it is economically preferable to the death of Bitcoin. In order to successfully destroy Bitcoin, controlling 51% will not be enough.