Post
Topic
Board Bitcoin Discussion
Re: If an attacker gets more than 50 % of mining power
by
theymos
on 01/07/2011, 23:01:59 UTC
Reversing 1000 future blocks takes a week with 52%.

This is certainly wrong, and your other numbers are probably wrong, too. If you control 52% of the network, you must use one of your blocks to negate a legitimate block 48% of the time. So 48% of the network is producing legitimate blocks, 48% of the network is negating those blocks, and only 4% is left producing new blocks. The network would only produce 5.76 blocks per day.