Skip to main content
Bitcoin

Return to Answer

deleted 124 characters in body
Source Link
MaxSan
MaxSan
  • 3.9k
  • 2
  • 22
  • 30

This is not a possible thing to do at all without having over 51% of the network. All transaction are irreversable.

Even withWith 51% of the network the method on doing thishash power, it is highly difficult to undertake and realistically you would more than likely require 65%+ to sustain the attach long enoughreally easy to make it worth whilereverse transactions.

Anyone with that kind of power would make a better profit just mining as attacking the network would cause a collapse in confidence and drop the value (with that kind of power its safe to assume you have a hoard of BTC)

This is not a possible thing to do at all without having over 51% of the network. All transaction are irreversable.

Even with 51% of the network the method on doing this is highly difficult to undertake and realistically you would more than likely require 65%+ to sustain the attach long enough to make it worth while.

Anyone with that kind of power would make a better profit just mining as attacking the network would cause a collapse in confidence and drop the value (with that kind of power its safe to assume you have a hoard of BTC)

This is not a possible thing to do at all without having over 51% of the network. All transaction are irreversable.

With 51% of the network hash power, it is really easy to reverse transactions.

Anyone with that kind of power would make a better profit just mining as attacking the network would cause a collapse in confidence and drop the value (with that kind of power its safe to assume you have a hoard of BTC)

Source Link
MaxSan
MaxSan
  • 3.9k
  • 2
  • 22
  • 30

This is not a possible thing to do at all without having over 51% of the network. All transaction are irreversable.

Even with 51% of the network the method on doing this is highly difficult to undertake and realistically you would more than likely require 65%+ to sustain the attach long enough to make it worth while.

Anyone with that kind of power would make a better profit just mining as attacking the network would cause a collapse in confidence and drop the value (with that kind of power its safe to assume you have a hoard of BTC)