Prevention of the 51%-attack | Bitcointalksearch.org

Vanderbleek

sr. member

Activity: 518

Merit: 250

Quote from: cbeast on December 03, 2011, 12:32:24 PM

Tools will one day be created that will mitigate 51% attacks with real world solutions. In a worst case scenario we can always point nukes at the server sites identified as primary attackers. Wink

Or better yet, point Aunt Tillie at them.

The way I understand it is like corporate ownership -- if you let more than 51% out of your control, someone might buy it up and take over. Since the BTC model hands out "assets" to whoever wants to buy more computers, it's possible for a takeover. Expensive, but possible.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Tools will one day be created that will mitigate 51% attacks with real world solutions. In a worst case scenario we can always point nukes at the server sites identified as primary attackers. Wink

kokjo

legendary

Activity: 1050

Merit: 1000

You are WRONG!

Quote from: Schwede65 on December 03, 2011, 09:53:24 AM

A little question by a non-coder: Grin

Is it possible to change the code of all currencies that a 51%-attack can't be enforced?

yes but it would require a central Authority. which is more bad, than the risk of a 51% attack.

Schwede65

sr. member

Activity: 309

Merit: 250

A little question by a non-coder: Grin

Is it possible to change the code of all currencies that a 51%-attack can't be enforced?

Topic: Prevention of the 51%-attack (Read 1068 times)