Post
Topic
Board Bitcoin Discussion
Re: 81% of BTC mining hashratre is concentrated in China .
by
otomakansotas
on 24/12/2017, 04:21:19 UTC
If you relly think individuals can compete with nation states
like the size of China ; i am not sure what to tell you.

But i would like to know that how possible it is for a nation state like China to
to launch a 51% attack.

Snce bitcoin blockchain is pretty long; how probable is it that a 51%
Attack can be lauched (i don’t understand bitcoin tech 100%) but i read somewhere
That longer the chain, the difficult it is for fraud. Because they will have to  recreate all the blocks to create a new chain.
Is it true ?