Consensus is only provably secure if there is complete broadcast: every node broadcasting to every other node. That's impractical, but we should move closer to that ideal, each node communicating directly across as many internet bottlenecks as feasible to prevent eclipse attacks.https://twitter.com/udiWertheimer/status/1082918393940987906 …
-
Show this thread
-
Replying to @NickSzabo4
Hi Nick, do you think Bitcoin network will be successfully 51% attacked ?
1 reply 0 retweets 0 likes -
Replying to @Eric69556677 @NickSzabo4
A 51% attack requires owning Bitcoin in order to destroy it, which presumes some very peculiar incentives. ...
2 replies 0 retweets 4 likes -
Replying to @Outsideness @NickSzabo4
Thanks, but technically, it’s quite possible right? If someone has enough capital
1 reply 0 retweets 2 likes -
Replying to @Eric69556677 @NickSzabo4
Like the Federal Reserve? Or Goldman Sachs?
1 reply 0 retweets 2 likes -
... The occult Bitcoin backstory becomes important at this point. (Might some Fiat-Communism Plutocrat preparing a 51% attack expect an uncomfortable visit from the NSA?)
2 replies 0 retweets 5 likes
... Still, depending on the support of a scary spook uncle would count as the index of a (very high-level) security hole, admittedly.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.