Post
Topic
Board Development & Technical Discussion
Re: Ordinals and other non-monetary "use cases" as miner reward on 2140+
by
anarkiboy
on 23/07/2024, 21:15:41 UTC
Have they tested the cost to running a 51% attack on monero? From my understanding it should be pretty easy given the large number of server clusters in the world. One of the biggest hurdles to attack bitcoins network is the cost of hardware. Also a lot of governments don't like monero. Who's to say one day a wealthy enough government somewhere doesn't pay for a server cluster to attack monero for a few days to destroy its credibility?

Due to current mining difficulty it would be logistically close to impossible even by the government to 51% attack and due to privacy features of Monero the attack would not make so much damage as it could in Bitcoin.
If someone wanted to 51% attack Monero, they would do it years ago when it was actually somewhat feasible.

Governments don't like Monero ? It's just another reason to love Monero.
I personally wouldn't touch anything endorsed or even liked by the Government, hopefully Monero will never be liked by the government  Cool