Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies cover image

Dominic Williams: DFINITY – Smart Contracts and the Internet Computer

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

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Theorem of Centralization

If you control 51% of the hash rate, you can arbitrarily rewind the chain and rewrite it. But even if i have now 51 %, i cannot kind of introduce a transaction where i, let's say, spent,. rightand that is vigdifferent. And therefore we have to abandon ritin it straightway and look for more advice mathmathematical solutions solved the probem.

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