safety – Is the ‘actual barrier’ to assault bitcoin’s consensus 33.34%, fairly than 51%?

on

|

views

and

comments


Noticed a random tweet thread that claimed that the “51” in “51% assault” was misinformation, and that in actuality solely 33.34% of hash energy could be wanted for a nasty actor to assault the community.

I used to be skeptical, however one of many posters linked to a discuss by Dr. Leeman Baird the place, so far as I can interpret, he explains that for those who put a firewall round 1/third of the hash energy and refuse to permit it to speak to the opposite 2/3rds, then you definately solely want barely greater than half of this remaining 66% (33.34%) to maliciously assault the community. (The related a part of the video begins at 1:01:08 or so).

I kind of get it as an idea, however as one of many college students asks, it appears prohibitively tough for a nasty actor to cordon off 1/third of the world’s hash energy with a firewall. As they ask, is constructing a firewall round 1/third of hash energy considerably simpler than acquiring the remaining 18% of the hashpower they’d’ve wanted (18+33=51%) to conduct an ordinary 51% assault? This looks like an ideal query, however Dr. Baird casually responds that China already has a firewall round all of their web, so doing so is fairly easy because it already exists.

Would not the hash energy simply transfer? He explains that recognizing that it has been cordoned off could be tough and thus makes this answer infeasible.

Is that this legit? Would love for somebody to present perception.

Share this
Tags

Must-read

US regulators open inquiry into Waymo self-driving automobile that struck youngster in California | Expertise

The US’s federal transportation regulator stated Thursday it had opened an investigation after a Waymo self-driving car struck a toddler close to an...

US robotaxis bear coaching for London’s quirks earlier than deliberate rollout this yr | London

American robotaxis as a consequence of be unleashed on London’s streets earlier than the tip of the yr have been quietly present process...

Nvidia CEO reveals new ‘reasoning’ AI tech for self-driving vehicles | Nvidia

The billionaire boss of the chipmaker Nvidia, Jensen Huang, has unveiled new AI know-how that he says will assist self-driving vehicles assume like...

Recent articles

More like this

LEAVE A REPLY

Please enter your comment!
Please enter your name here