Post
Topic
Board Bitcoin Discussion
Re: If an attacker gets more than 50 % of mining power
by
em3rgentOrdr
on 01/07/2011, 09:38:07 UTC
How realistic(practical) this attack is ?  
Very doable if you can afford to spend 10/15 millions of $

Any rich guy could happily do it without problems...

But due to Sathoshi's genius clever design, would-be-attackers are instead incentivised to use their resources as legit miners instead, thus increasing the strength of the main block chain.