Comment by TheNewAndy 2 years ago How does it solve the Byzantine generals problem? 1 comment TheNewAndy Reply fidelramos 2 years ago By proof-of-work consensus. This makes attacks costly, basically they have to spend more resources than half the network, hence the name "51% attack".The Bitcoin whitepaper [0] is a very accesible read, but the revolutionary ideas are not immediately obvious.[0] https://www.bitcoin.com/bitcoin.pdf
fidelramos 2 years ago By proof-of-work consensus. This makes attacks costly, basically they have to spend more resources than half the network, hence the name "51% attack".The Bitcoin whitepaper [0] is a very accesible read, but the revolutionary ideas are not immediately obvious.[0] https://www.bitcoin.com/bitcoin.pdf
By proof-of-work consensus. This makes attacks costly, basically they have to spend more resources than half the network, hence the name "51% attack".
The Bitcoin whitepaper [0] is a very accesible read, but the revolutionary ideas are not immediately obvious.
[0] https://www.bitcoin.com/bitcoin.pdf