Post
Topic
Board Altcoin Discussion
Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin?
by
TPTB_need_war
on 18/12/2015, 19:06:36 UTC
But taking the model of "honest" staking at face value, at 49% you can only hope to maintain control for a limited number of blocks. At 50%+, you control the chain forever. That's clearly more than 4% increase.

Why is that the case?

Because the power-law distribution applies in any winner-take-all paradigm, which by definition is what a single chain requires.

We can't say the threshold level is specifically at 49% or even that it is abrupt. It depends on the relative distribution of resources the rest of the network wastes defending against the power-law distributed. We need to convolve the opposing cumulative distribution functions.

The reason I am able to eliminate the 50% attack in my design is because I eliminate the winner-take-all from the longest chain by including all chains (as I explained to you upthread, which was my published discovery since 2014). Wink

I am now teaching Satoshi. (see my head expanding, lol)