Post
Topic
Board Altcoin Discussion
Re: Blockchain vs DAG (Byteball's concencus algorithm).
by
iamnotback
on 23/02/2017, 13:48:36 UTC
Note we are referring to Satoshi's PoW below...

No you are incorrect. It requires greater than 50% to stall the blockchain by censoring all transactions.

The whitepaper claims the opposite, if you want to argue - argue with the authors.

No it doesn't. You don't understand the whitepaper.

The 33% attacker doesn't win every block (can't always create the longest chain). He only wins more block rewards than his 33% share.

It is an asymmetrical statistical advantage against those with less than 33% control, not absolute control.