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21 sats \ 5 replies \ @0xBTC OP 22 Jan \ parent \ on: I can't make up my mind on Bitcoin Cash bitcoin
yeah but if the nodes are easy to run, what is stopping them from running a bunch of nodes and 50% attacking the blockchain?
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121 sats \ 4 replies \ @siggy47 22 Jan
Check out the cost of running a 51% attack(50% ain't good enough), not to mention the "killing the golden goose"issue: as they spend the money, bitcoin's price would plummet. Makes no economic sense.
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0 sats \ 3 replies \ @0xBTC OP 22 Jan
ah I see, you would need the ASIC miners to perform the attack, not just nodes. I am not sure why that went over my head.
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100 sats \ 2 replies \ @siggy47 22 Jan
You need 51% of the hash rate
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0 sats \ 1 reply \ @0xBTC OP 22 Jan
I see. When it comes to BCH, is it more vulnerable to this kind of attack because of the increased block size? Does it require better hardware with the larger block size?
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0 sats \ 0 replies \ @siggy47 22 Jan
I don't pay attention to BCH, but this may provide insight: https://decrypt.co/49819/bitcoin-cash-rebels-launch-51-attack-to-destroy-bch-hard-fork
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