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WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2
The "What is Money?" Show
The Seventh Layer Is Temporal Distribution
It takes 12 to 24 months to create a world class bicoin mining center. And then i have to convince someone to front me the money, right? So i have to hoodwink a bill billions of dollars of investors. Then i have to buy billions of dollarsof quipment. Then i has to wait twelvemonths. Then I have to get someone to engineer the center,. It's just much harder to attack the durability, the integrity of the network because it becomes so spetially distributedo proof of stake. Ten people might actually stake 51 %. So now i can actually identify the ten people. Now i know who to attack, ra psychologically, physically, whatever.
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