2min chapter

Bitcoin Rapid-Fire cover image

Coinjoins, Blacklists, Softforks, & The Beginning of Civilization w/ Max Hillebrand

Bitcoin Rapid-Fire

CHAPTER

The Cost of Bitcoin Attacks

The fact that Bitcoin isn't scalable and therefore quite expensive to transact means we're pretty resistant against global active adversaries. It's about like, $300,000 per month on just on block space cost, right? That, that you would have to pay to the miners. And so to not just make this attack one time, but to keep it up and running for years is a serious amount of cost. So as one attacker enters, and the second attacker enters, now they no longer know which coins are from the second attacker versus from the victim.

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