While most mainstream attention has gone to quantum computing as a danger to Bitcoin’s existence, Duke Professor Harvey Campbell highlights that a 51% attack is a far more concerning event. Campbell estimates that a one-week attack could be completed for $6 billion, nearly 0.26% of bitcoin’s market capitalization. Duke Investigator: Quantum Risks Overestimated, 51% Attack […]Not Quantum: Duke Investigator Pinpoints Cheapest Risk Vector for Bitcoin’s Downfall
While most mainstream attention has gone to quantum computing as a danger to Bitcoin’s existence, Duke Professor Harvey Campbell highlights that a 51% attack is a far more concerning event. Campbell estimates that a one-week attack could be completed for $6 billion, nearly 0.26% of bitcoin’s market capitalization. Duke Investigator: Quantum Risks Overestimated, 51% Attack […]