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1 vote

What is the formula for inferring hash rate from difficulty and block frequency?

The 2^32 factor in the question is inaccurate Difficulty is not part of the blockchain. It is calculated, for people who need an increasing number to represent Target. Target decreases to make mining ...
4 votes
Accepted

Is the 'real barrier' to attack bitcoin's consensus 33.34%, rather than 51%?

In this proposed attack, you need more than just hash power. However, if you assume that you can partition the network as this attack imagines, you need no hashing power at all. If I can split the ...
0 votes

Is the 'real barrier' to attack bitcoin's consensus 33.34%, rather than 51%?

The funny thing about these absurd hypotheses that keep popping up is that if the assumptions involved in executing such a thing were true then they could easily become the richest people in the world ...
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0 votes

Can miners single handedly perform 51 attack toward the network?

A 51% attack on Bitcoin is an attack on the Bitcoin network carried out by a group of miners who control more than 50% of the network's total computing power. When such a group of miners work together,...

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