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Researchers Claim Bitcoin’s Blockchain Can Be Secured Even if 51% of Miners Are Malicious

One of the fundamental assumptions of blockchains, whether public or private, is that 51% of actors, especially miners, are honest. Logically, the more actors there are, the more the assumption stands. However, numerous bitcoin developers, including Gregory Maxwell, Peter Todd, Luke-Jr and others, have stated that bitcoin mining is centralized in two or three individuals. […]


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Source: Researchers Claim Bitcoin’s Blockchain Can Be Secured Even if 51% of Miners Are Malicious



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