Post
Topic
Board Beginners & Help
Topic OP
The future of Bitcoins
by
socrates
on 12/12/2012, 13:20:13 UTC
When reading about bitcoins, I came across the 51% attack concept. This is something that any entity with enough money can do. If Bitcoins really become a dominant force and threaten any of the major currencies, is it not possible that they would launch a 51% attack and control or destroy the bitcoin system? Or, is there a built-in protection available in the technology to prevent this?