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Title: [2016-07-29]-CCN-Blockchain Can Be Secured Even if 51% of Miners Are Malicious Post by: Lucius on July 29, 2016, 01:55:26 PM Researchers Claim Bitcoin’s Blockchain Can Be Secured Even if 51% of Miners Are Malicious
One of the fundamental assumptions of blockchains, whether public or private, is that 51% of actors, especially miners, are honest. Logically, the more actors there are, the more the assumption stands. However, numerous bitcoin developers, including Gregory Maxwell, Peter Todd, Luke-Jr and others, have stated that bitcoin mining is centralized in two or three individuals. https://www.cryptocoinsnews.com/researchers-bitcoin-blockchain-secured-inspite-of-51-attack/ Title: Re: [2016-07-29]-CCN-Blockchain Can Be Secured Even if 51% of Miners Are Malicious Post by: Kaneki on July 29, 2016, 05:15:36 PM that this hybrid solution protects from both malicious stakeholders, as there would be the proof of work aspect and malicious miners as there would be the proof of stake aspect
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