crypto

gm

some light Sunday reading https://blog.bitmex.com/pow-vs-pos-economic-cost-to-attack/

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

EthFinance

This might be the most bullish ETH podcast I’ve ever listened to

https://youtu.be/lrFgjOc_Gkw?si=Wo2Cg9Qn0yTpwa6K

Justin Drake makes the exact opposite argument in this podcast: that the attacker does not need to maintain the majority hashrate at all times. Just knowing that he/she can ramp up hash power at will and overtake the network is enough for the community to (for example) pay the attacker for staying out

See

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

will have to listen, not sure I totally follow

he's saying the attacker would hold the network hostage and demand ransom payments to keep their hashpower at bay?

Justin Drake makes the exact opposite argument in this podcast: that the attacker does not need to maintain the majority hashrate at all times. Just knowing that he/she can ramp up hash power at will and overtake the network is enough for the community to (for example) pay the attacker for staying out

See https://warpcast.com/chaskin.eth/0xdc8c0ba0

Chaotic "Sufficiently Decentralised" Network Participant

0x2a06a17cbc6d0032cac2c6696da90f29d39a1a29