RE: Has Bitcoin Been Compromised? If So, How Can You Protect Yourself?

You are viewing a single comment's thread from:

Has Bitcoin Been Compromised? If So, How Can You Protect Yourself?

in bitcoin •  7 years ago 

A 51% attack is based upon blockchain nodes. I have a node on my PC, it is about 500MB, or less than a DVD. Lets say there are over 10,000 nodes in the world. You would have to control 5,001 nodes in order to takeover the blockchain, the other 4,999 would just simply comply. It is a data record takeover, not a market price manipulation.

bitcoin
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!