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@ Kazani
2025-05-18 07:13:44
Ethereum researcher Justin Drake stated in an interview that a 51% attack on Bitcoin would be much cheaper than on Ethereum, estimating the cost to attack Bitcoin at around $10 billion.
In contrast, attacking Ethereum, due to its PoS mechanism, would require controlling over 50% of staked ETH (currently valued at approximately $44.8 billion), with price volatility potentially driving the cost even higher.
https://cointelegraph.com/news/ethereum-proponent-claims-bitcoin-is-screwed-a-51-attack-likely
Is these people stupid?
To do a 51% attack you require to be 51% of all nodes!
To become 51% of all nodes you need a source of electricity.
Lets just pretend you will use Iran as the 51% attack
In Iran , you must buy a plot of land then must buy around 10-15 billion usd worth of miners
You’re electricity cost will be like probably maybe 250k in total
So you do all of this, and you get nothing at the end of it.
Or
Wipe out the internet for every country around the world including satellites ( but then again you cant do anything! )
The theory of a 51% attack is long outdated and is used by morons who want to cause fear in the system
Hacking the FIAT system is alot easier than Bitcoin.
Why hack bitcoin when you can hack and print and copy infinite cash