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RE: The History of Delegated Proof-of-Stake (DPOS)

in #blockchain • 5 years ago

The number of block producers that need to coordinate to refuse a transaction is about the same both for Steem and Bitcoin.

On Bitcoin 15 mining pools control 91.8% of the hashrate vs the 15 top witnesses positions in Steem that are needed for consensus.

So in terms of the number of actors that need to coordinate the risk is about equal...the difference is in the cost to carry out such an "attack".

5 years ago in #blockchain by
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     5 years ago (edited) 

    the difference is in the cost to carry out such an "attack".

    I agree. Even 1 person, as long as you have the resources, in both chains.

    Thank you,

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     5 years ago  
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       5 years ago (edited) 

      Sun took over the Steem chain easy with just a few millions. Oen server to run everything.

      I want to see him try the same thing on the Bitcoin chain.

      Then will try to compare the costs