Post
Topic
Board Bitcoin Discussion
Re: If you belive that Bitcoin is over and done with...
by
evoorhees
on 09/09/2011, 16:57:40 UTC
You get 50%+1 then you can make whatever rules you want....so.....its up to you.


False. Having +1 over 50% does not grant you title like that. This is a common misconception. Rather, the more of the hashing power one controls, the more likely it is that he/she can fork the blockchain and alter things. It's a gradient with a focal point at the 50% mark... but the 50% mark is not a guarantee of takeover.