Ellie pfp
Ellie
@ellied
Name a crypto-related technical concept that can't be explained using an analogy to mail. I'll wait.
4 replies
0 recast
3 reactions

Mark pfp
Mark
@markodayan
hmmm, 51% attack
2 replies
0 recast
1 reaction

Ellie pfp
Ellie
@ellied
Alright, alright, that's a good one.
1 reply
0 recast
0 reaction

Ellie pfp
Ellie
@ellied
Chat GPT helped me with this one, though it is a stretch. Imagine that each mailman was like a Bitcoin node. There might be a few bad mailmen out there that like to steal people's packages, or look through their packages. So long as there aren't too many of these bad mailmen, they can't cause much harm because the post office will catch their behavior. But if 51% of all mailmen start acting bad, then the post office loses control and these bad mailmen take over. And now no one uses the mail, just how like a 51% attack on Bitcoin could make people stop using Bitcoin.
0 reply
0 recast
0 reaction