Tech Lesson: Immutability and the Blockchain (aka, Why a 51% Attack Isn’t Too Likely)

This post goes over why a 51%-attack (an attempt by miners to re-write the transactions already recorded on a blockchain and attempt a takeover,) is a lot more difficult than we might realize.

Be well, Everyone.

block-work

A good explanation is provided by Andreas Antonopoulis

(skip to the 18:11 mark if it doesn’t que up properly)

“The biggest transfer of wealth goes from the impatient to the patient.”


Miscellaneous

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Categories: Andreas Antonopoulis, Commentary and Opinions

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