Viewing a response to: @ivanli/do-you-really-understand-bitcoin-51-attack-programmer-explains
The 51% Attack is quite achievable. Like you suggested, if a country feels threatened by BTC they can launch this attack, cripple BTC and then come up with theirs so as to control their economy and have a controlled decentralized network. Thanks @ivanli, I'm a great fan of yours.
| author | rowlandokoli |
|---|---|
| permlink | re-ivanli-do-you-really-understand-bitcoin-51-attack-programmer-explains-20171203t220844746z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"users":["ivanli"],"app":"steemit/0.1"} |
| created | 2017-12-03 22:08:54 |
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| root_title | "Do you REALLY understand Bitcoin 51% Attack? Programmer explains." |
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At this point they would have to attack every crypto I think because people would just switch the value to one of the other chains? DASH for example.
| author | bobfilmore72 |
|---|---|
| permlink | re-rowlandokoli-re-ivanli-do-you-really-understand-bitcoin-51-attack-programmer-explains-20171204t193130012z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2017-12-04 19:31:21 |
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| root_title | "Do you REALLY understand Bitcoin 51% Attack? Programmer explains." |
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