cyu@sh.itjust.works to World News@lemmy.mlEnglish · 4 months agoBRICS to launch independent financial systemvovworld.vnexternal-linkmessage-square53fedilinkarrow-up175arrow-down14cross-posted to: [email protected]
arrow-up171arrow-down1external-linkBRICS to launch independent financial systemvovworld.vncyu@sh.itjust.works to World News@lemmy.mlEnglish · 4 months agomessage-square53fedilinkcross-posted to: [email protected]
minus-squareslacktoid@lemmy.mllinkfedilinkEnglisharrow-up1·4 months ago51% but thats slower so ideally around 66% so you can make quicker faster changes. but yeah you ll have the same issues with fiat at that point.
minus-squaremakeasnek@lemmy.mllinkfedilinkEnglisharrow-up1·4 months ago66% doesn’t give you any more ability than 51% does. It doesn’t change the speed, it just increases the cost. There would be no reason to hit 66% to do a 51% attack.
minus-squareslacktoid@lemmy.mllinkfedilinkEnglisharrow-up1·4 months agoThey who domiante block mining will dominate the chain. 66% is just an outright majority relatively. 51% vs 49% can be regained with enough luck.
51% but thats slower so ideally around 66% so you can make quicker faster changes. but yeah you ll have the same issues with fiat at that point.
66% doesn’t give you any more ability than 51% does. It doesn’t change the speed, it just increases the cost. There would be no reason to hit 66% to do a 51% attack.
They who domiante block mining will dominate the chain. 66% is just an outright majority relatively. 51% vs 49% can be regained with enough luck.