4min chapter

The "What is Money?" Show cover image

WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2

The "What is Money?" Show

CHAPTER

The Seventh Lear Attack in Bit Coin

The power of the open network is really hard to overstate, a especially when it comes to threats. To execute a 51 % attack means gaining 51 % of the hash poweran i had never thought about the impediments to that. And then now, lastly, we got into this idea of bit coin's space time constante. sailor analogized the block size and the block frequency as being end to the speed of light and gravity in the universe. Put this under the the rubric, if you only get to play god once, which is effectively what sitoti did.

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