It looks like other blockchain technologies (altcoins) have been the victim of 51% attacks, so I’m going to read up on their repercussions. I wonder if they were carried out by bitcoiners who don’t like competition?
It occurs to me that little can probably be done to stop attacks on distributed systems by large actors with non-monetary goals. If people are willing to throw a lot of resources into destroying a fledgling technology, they will probably succeed.
I do have an idea for a distributed public ledger in which attacks are possible but always negative-sum. I have little experience with cryptography so its probably rubbish. If it looks to not be terrible I will probably post it here for comment.
I do have an idea for a distributed public ledger in which attacks are possible but always negative-sum. I have little experience with cryptography so its probably rubbish. If it looks to not be terrible I will probably post it here for comment.
Feel free to post your idea. No one expects you to revolutionize an industry in one post. Its fun to throw ideas around.
It looks like other blockchain technologies (altcoins) have been the victim of 51% attacks, so I’m going to read up on their repercussions. I wonder if they were carried out by bitcoiners who don’t like competition?
It occurs to me that little can probably be done to stop attacks on distributed systems by large actors with non-monetary goals. If people are willing to throw a lot of resources into destroying a fledgling technology, they will probably succeed.
I do have an idea for a distributed public ledger in which attacks are possible but always negative-sum. I have little experience with cryptography so its probably rubbish. If it looks to not be terrible I will probably post it here for comment.
Feel free to post your idea. No one expects you to revolutionize an industry in one post. Its fun to throw ideas around.