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Bitcoin Core Dev: Anti-51% Attack Measures Always Imply Centralization

Published 10/08/2019, 09:04 AM
Updated 10/08/2019, 09:21 AM
© Reuters.  Bitcoin Core Dev: Anti-51% Attack Measures Always Imply Centralization

Bitcoin Core developer Greg Maxwell has criticized the “attractive mystery” that fear of a 51% attack on Bitcoin (BTC) entails, arguing that it betrays a fundamental lack of understanding about the cryptocurrency.

In a Reddit post published on Oct. 5, Maxwell argued that any mechanism cooked up to mitigate the threat of a 51% attack always implies centralization and represents a far greater threat to Bitcoin’s integrity.

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