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Author Topic: [2016-07-29]-CCN-Blockchain Can Be Secured Even if 51% of Miners Are Malicious  (Read 255 times)
Lucius (OP)
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July 29, 2016, 01:55:26 PM
 #1

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/

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July 29, 2016, 05:15:36 PM
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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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