sotashi on Nostr: What’s the minimum number of entities who’d need to cooperate to maliciously fork ...
What’s the minimum number of entities who’d need to cooperate to maliciously fork the chain?
Last I heard, it was just two mining concerns controlled 51% of your hashrate.
Decentralization can only be maintained in a system when incentives have been carefully balanced. Proof of Work was a good first attempt.
Published at
2022-12-23 08:47:24Event JSON
{
"id": "d7b94f0675b8f9188a981c50da99878891bc11e586f30949e99ff93b03c83bea",
"pubkey": "2c33d143bc59c9a49895b8f52eff4e6040a56e1969b6422236aeeb7b598d2809",
"created_at": 1671785244,
"kind": 1,
"tags": [
[
"e",
"0c0881fe163d641bd5afd0001432b1995d04639f6c39f5a6ab3cf576857abb7e"
],
[
"p",
"6ef322e8d90d39b8675d4fa27dc1d3d45c1f983e53fe751047ed7322da349dbb"
]
],
"content": "What’s the minimum number of entities who’d need to cooperate to maliciously fork the chain? \n\nLast I heard, it was just two mining concerns controlled 51% of your hashrate. \n\nDecentralization can only be maintained in a system when incentives have been carefully balanced. Proof of Work was a good first attempt.",
"sig": "1946a09fa38111b3e64d4d98de2a79bff9ce77109b4856127a5374b7dfc224fbd3d8c46f963602a87d5c405ddd0008a61678e5da724abab0ced443213e89ec61"
}