Editors Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), Author: BENJAMIN PIRUS, reproduced by Odaily with authorization.
Editors Note: This article comes from
Cointelegraph Chinese (ID: CointelegraphChina)
, Author: BENJAMIN PIRUS, reproduced by Odaily with authorization.
James Lovejoy of MITs Digital Currency Initiative (DCI) group, speaking about Proof-of-Work (PoW) attacks during a Unitize digital conference panel discussion, said that despite the public nature of blockchains, 51% attacks It may not be obvious.
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Lovejoy develops a blockchain reorganization tracker
Lovejoy detailed on the panel that, in his DCI masters thesis, he developed a blockchain reorganization tracker that can check for 51% attacks.
The expert explained that recent studies have shown that 51% attacks are more likely than previously thought. He described the feasibility of reorganizing assets in the crypto space, taking into account the different computing power of these assets, the costs associated with attacks, and other factors.
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