3min chapter

Acquired cover image

Ethereum

Acquired

CHAPTER

Is There a 51 % Issue With Eth?

People would say that proof of work is a much more democratized, open, fair way to do it. The fear in all this is if somebody gets 51 % of the in circulation, then they can just take over the network. But there's always a 51 % issue with any of these d centralized networks. There's a 51 percent issue with any one. If you look at the pie chart of current miners of etherium, ether mine f two, pool two and nano pool combine, o like something close to 60%. So it's only those three mining pools that could hard fork if they wanted to. It's not in their incentive to do it, because then people wouldn't trust

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