hodlwithBinsky on Nostr: To complete a fraudulent transaction, or a 51% attack on the #bitcoin network you ...
To complete a fraudulent transaction, or a 51% attack on the #bitcoin network you would need to have more than 50% of the hashing power of the entire Bitcoin network right?
The fact that the Bitcoin network is Decentralized on a global scale can prevent this.
But how do people that run their own node know that their node isn’t “compromised” in a way?
Is that a dumb question?
#asknostr
Published at
2024-10-09 05:54:47Event JSON
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"content": "To complete a fraudulent transaction, or a 51% attack on the #bitcoin network you would need to have more than 50% of the hashing power of the entire Bitcoin network right?\n\nThe fact that the Bitcoin network is Decentralized on a global scale can prevent this.\n\nBut how do people that run their own node know that their node isn’t “compromised” in a way?\n\nIs that a dumb question?\n\n#asknostr",
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