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avhwl | 6 years ago
Ignoring policy attacks, and focusing on the purely technical:
A useful metric here is to compare the cost of executing a 51% attack on Bitcoin long enough to erode confidence in the software to the military budget of the top nation states.
Additionally, the broadly assumed consistency properties of Proof-of-Work cryptocurrencies fall apart in the face of a powerful network adversary who can cause arbitrary segmentation.
celticninja|6 years ago