Comment

Comment by zooq_ai

Governments, Big Corps can easily co-ordinate a 51% attack on any proof-of-work networks.

If BTC's marketcap is $1T and it'll only take $5B for a 51% attack, there can be some arbitrage opportunity for a large hedge fund determined enough.

The only thing preventing this is the attacker must execute this flawlessly including attacking all the forks that may happen.

parent zooq_ai 2 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton