Post
Topic
Board Economics
Re: Bitcoin's kryptonite: The 51% attack.
by
manuelgar
on 03/07/2011, 17:49:17 UTC
Andes, to have control of 50% of the network you need to deploy 101% processing power (you´ll end up having 50,5%)

But, why thinking there will only be 1 dishonest entity?  If there is one, there could be more, each one of them would have their own self-interest on controlling the network.   If a lot of "dishonest" entities with great processing power try to control the network, they would make the 51% attack less probable themselves.