214. Bitcoin vs Altcoins with Phil Champagne
The Bitcoin Standard Podcast
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Exploring Altcoins and the 51% Attack Vulnerability
The chapter scrutinizes altcoins, comparing proof of work and proof of stake mechanisms, emphasizing the centralized nature of many cryptocurrencies like Ethereum and XRP. It delves into the risks associated with 51% attacks, using examples like Bitcoin Gold, and advocates for the adoption of alternative hashing algorithms for improved security.
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