Ninjastic
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Post
Topic
Board Bitcoin Discussion
Re: 51% attack is very unlikely
by
KingScorpio
on 14/06/2018, 20:36:45 UTC
Quote from: Coin_Maven on June 04, 2018, 03:19:09 PM
If it happens, the confidence and price of the coin will collapse. People holding the largest amount will suffer the most. Therefore it wont happen.

wrong a 51% attack will be common, as bitcoins design is doomed to get a miner cartel in the industry,

stake systems will continue or coexist

https://www.cryptoproductivity.com/single-post/2018/06/07/The-Systematic-POW-doom-and-the-inevitable-emergence-of-a-POW-Monster-in-the-Cryptoindustry