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Ultrasound Money & VRFs with Justin Drake

Zero Knowledge

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The Cost of Attacking Bitcoin

In order to perform a 51% attack on Bitcoin, you need to have more hash rate than the rest of the network combined. In the future, my expectation is that the cost to attack Bitcoin will be roughly a thousand times less than its market cap. So let's say that Bitcoin becomes like gold, $10 trillion market cap, thousand times less that would be $10 billion.

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