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Comment by Rodyland

I think you're misunderstanding the meaning behind a 51% attack?

An honest network participant will accept the chain with the largest accumulated proof of work. This is necessary to resolve forks of the chain, which are a natural occurrence.

A 51% attack means that the attacker can create a chain with more work than the rest of the network.

The idea that you can say "we require 60%" makes no sense by itself - you have to say what you actually mean in the context of a competitive and adversarial distributed proof of work blockchain network...

Maybe you have some ideas how to avoid history-rewriting attacks, in which case you should write a white-paper and launch your own sh1tcoin or ICO (only half joking).

parent Rodyland 8 years ago

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