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Scraped on 17/04/2025, 01:12:07 UTC
Quote from: sdfasdf on April 15, 2025, 03:50:31 AM
With Innopolis Tech having 51.76% of the Bitcoin testnet's hash rate (118.88 TH/s), is it possible for them to execute a 51% attack? What does this mean for the security of the testnet?
There is no valid reason and benefit to attack Bitcoin testnet because the Bitcoin testnet can be stopped and move to a new Testnet version. Historically Bitcoin developers did it many times when there were abusement on tBTC like selling it for money while the real usecase of tBTC is for development and testing.

Quote
Testnet is a testing network included with Bitcoin Core and supported by many other Bitcoin applications. Testnet3 is the longest-running incarnation of testnet as of 2024, with testnet4 currently being a recently started replacement.
Original archived Re: Testnet 51% possible ? today ?
Scraped on 17/04/2025, 01:07:00 UTC
Quote from: sdfasdf on April 15, 2025, 03:50:31 AM
With Innopolis Tech having 51.76% of the Bitcoin testnet's hash rate (118.88 TH/s), is it possible for them to execute a 51% attack? What does this mean for the security of the testnet?
There is no valid reason and benefit to attack Bitcoin testnet because the Bitcoin testnet can be stopped and move to a new Testnet version. Historically Bitcoin developers did it many times when there were abusement on tBTC like selling it for money while the real usecase of tBTC is for development and testing.

Bitcoin testnet.
Migration from testnet3 to testnet 4.
Quote
Testnet is a testing network included with Bitcoin Core and supported by many other Bitcoin applications. Testnet3 is the longest-running incarnation of testnet as of 2024, with testnet4 currently being a recently started replacement.