flash on Nostr: ⚡️🔎 NEW - « A 51% attack on Bitcoin could cost "only" around $10 billion. » ...
⚡️🔎 NEW - « A 51% attack on Bitcoin could cost "only" around $10 billion. »
That's according to Ethereum researcher Justin Drake, who states in an interview that an attack against Bitcoin would be far less costly than against Ethereum, which would currently cost around $44.8 billion.
As a reminder, a 51% attack occurs when a single entity or group controls more than 50% of the mining or staking power of a blockchain network, thereby gaining total control of the network.
Published at
2025-05-17 12:31:21Event JSON
{
"id": "d73d49b40983e2c1e0574c578828bdc8e8f40a448431243cb4e4eef0b2395a81",
"pubkey": "4d7842051782e0d3feb034d150adc2b6bae4ee3b49786793bffa468b6f5b96b3",
"created_at": 1747485081,
"kind": 1,
"tags": [],
"content": "⚡️🔎 NEW - « A 51% attack on Bitcoin could cost \"only\" around $10 billion. »\n\nThat's according to Ethereum researcher Justin Drake, who states in an interview that an attack against Bitcoin would be far less costly than against Ethereum, which would currently cost around $44.8 billion.\n\nAs a reminder, a 51% attack occurs when a single entity or group controls more than 50% of the mining or staking power of a blockchain network, thereby gaining total control of the network.\nhttps://blossom.primal.net/f0d78faa8d42f48031c2c6f78eecfea57eea1ff7c20bcb157d2629041e565b91.jpg",
"sig": "a492b66daa2dfdf0426433999cec1da5f58f350e28444cec6a6d95cbf14aad0ac5e33d34ad60ad272b95c89363531f262d79c4feb812ea30cc78f1a4a4a6ff35"
}