Post
Topic
Board Altcoin Discussion
Re: Satoshi didn't solve the Byzantine generals problem
by
monsterer
on 07/02/2016, 10:33:32 UTC
Bitcoin solves the byzantine generals problem within the bounds of the assumptions in the model. If one entity controls a majority of hashing power, that is outside of the bounds.

Circular logic. Bitcoin didn't solve the Sybil attack problem when pools control 51% and no one can know whether they do and reroute their PoW shares.

I've been guilty of making this same mistake myself in the past, but byzantine faulty nodes can be colluding (or sybil), so the failure tolerance of 51% includes sybil nodes.