Post
Topic
Board Altcoin Discussion
Re: Satoshi didn't solve the Byzantine generals problem
by
r0ach
on 18/09/2015, 21:53:39 UTC
Sybil attacks can still occur by a persistent and motivated attacker but they are extremely expensive (in PoW)

In my original post I give an example of why that's not true.  The same guy can own all the big PoW hashing pools in secrecy, which is a sybil attack, not collusion.  He can operate profitably the entire time and initiate the long con or other strategy whenever he wants.