Bitcoin 101 - The Nightmare of a 51% Attack - Part 2 - How to Destroy Bitcoin

Bitcoin 101 - The Nightmare of a 51% Attack - Part 2 - How to Destroy Bitcoin

Video Analysis for Bitcoin 101 - The Nightmare of a 51% Attack - Part 2 - How to Destroy Bitcoin

June 09, 2014

600 x 360

17:29

5 / 5 (0 ratings)

OVERVIEW

  • A

    FINAL GRADE

  • 5 / 5

    RATING

  • 0

    VIEWS

  • 0

    LIKES

ACHIEVEMENTS

  • USER
    SATISFACTION

  • TEACHER'S
    PET

  • TWO YEARS
    ONLINE

REVENUE

  • $0

    EST. TOTAL REVENUE

  • $0 - $0

    EST. MONTHLY REVENUE

  • $0 - $0

    EST. YEARLY REVENUE

GROWTH

  • 0

    AVG. DAILY VIEWS

  • 0

    AVG. DAILY LIKES

  • 0

    AVG. DAILY DISLIKES

* We try our best to gather the video's growth rate. This is an estimate for a cumulative growth of views.

VIDEO

Bitcoin 101 - The Nightmare of a 51% Attack - Part 2 - How to Destroy Bitcoin

0

There is no greater point of weakness in Bitcoin than a 51% attack. A fifty-one percent attack can shut down the network. This video discusses all the attack vectors available to an attacker. And there are many, even worse, the devastation available is catastrophic. While a 51% attack doesn’t appear to offer a lot of financial gain, history is not just made up of rational actors.


James goes through Transaction Denial of Service, Selfish Mining, Monopoly Mining and Double Spending, finding fault with proposed patches and solutions. It is not pretty. As Gavin Andresen says, if someone was able to run a 51% attack "that would be bad". We agree. It would be very bad.


At the end of the video we discuss protocol changes that would make an attack much more difficult. We highlight Pro...

SOCIAL ACTIVITY

  • 0 SHARES

  • 0 TWEETS

  • 0 +1's

  • 0 PINS

  • 0 SHARES

WEB RESULTS

  • www.youtube.com   Bitcoin 101 - The Nightmare of a 51% Attack - Part 2 - …

    There is no greater point of weakness in Bitcoin than a 51% attack. A fifty-one percent attack can shut down the network. This video discusses all the ...

    http://www.youtube.com/watch?v=Kjtgp5h-jEY

  • www.youtube.com   Bitcoin 101 - The Nightmare of a 51% Attack - Part 1 ...

    Proof of work is a new technology, and it has amazingly protected Bitcoin for five plus years. Still, there may be no greater point of weakness in Bitcoin ...

    http://www.youtube.com/watch?v=bi2thGzzNSs

  • bitcoinmoxy.com   Bitcoin 101 - The Nightmare of a 51% Attack - Part 1 ...

    Bitcoin 101 – The Nightmare of a 51% Attack ... 20 million $ to destroy the payment system and a market worth 7 billion $? ... part 2, the validity of the ...

    http://bitcoinmoxy.com/bitcoin-101-nightmare-51-attack-part-1-calculating-costs-2015-05-04/

  • player.mashpedia.com   Watch now: Bitcoin 101 - The Nightmare of Bitcoin ...

    Bitcoin 101 - The Nightmare of Bitcoin Regulation ... Debunking Bitcoin Myths - Part 1. 2013/11/06. Bitcoin 101 ...

    http://player.mashpedia.com/player.php?q=tR4e8zwnR6w

  • player.mashpedia.com   Watch now: Bitcoin 101 - Calling All APIs - Coding Live ...

    Bitcoin 101 - idchains - Part 1 - The Basics Of A Bitcoin-Based Global Identity System

    http://player.mashpedia.com/player.php?q=y96o25WtSbo

  • en.bitcoin.it   Press - Bitcoin Wiki

    ... Bitcoin 101. What is Bitcoin? ... The Nightmare of a 51% Attack - Part 1 - Calculating the Costs; The Nightmare of a 51% Attack - Part 2 - How to Destroy Bitcoin;

    https://en.bitcoin.it/wiki/Press

  • plus.google.com   Gjergj Camaj - Google+

    Gjergj Camaj. 25 followers ... Bitcoin 101 - The Nightmare of a 51% Attack - Part 2 - How to Destroy Bitcoin. 1 ... But I think you are right. Bitcoin is indeed a ...

    https://plus.google.com/+GjergjCamaj

  • gosong.net   mining wiki article - Download Songs and Music Videos for ...

    ... Article Companion http://www.blacktntnews.com/crypto-mining-101 ... a 51% Attack - Part 2 - How to Destroy Bitcoin ... in Bitcoin than a 51% attack.

    http://gosong.net/mining_wiki_article.html

  • bitclub.staged.com   BitClub Network - SnapCard & Life as a Stopgap Startup

    Excerpt from Let's Talk Bitcoin - Episode 74 (http://letstalkbitcoin.com/e74-new-ideas-in-bitcoin) SnapCard & Life as a Stopgap Startup.

    http://bitclub.staged.com/7dPp

  • plus.google.com   Manny Row - Google+

    Manny Row. 4 followers ... The Nightmare of a 51% Attack - Part 2 - How to Destroy Bitcoin. 1. ... Bitcoin 101 - The Nightmare of a 51% Attack - Part 2 ...

    https://plus.google.com/106933742887204700150

  • wn.com   World Bitcoin Network - wn.com

    Bitcoin 101 - What is Bitcoin?, ... The End of Western Union? - Bitcoin's Features are Game-Changers in the World of Remittances, Bitcoin 101 ...

    http://wn.com/World_Bitcoin_Network

  • bitclub.staged.com   BitClub Network - 東京ビットコインニュース(E003.5, …

    BitClub Network Pertambangan BitCoin | Artikel Seputar Bisnis Online https://t.co/kWDqYdeKVm https://t.co/KGSWfktTsT. Nov 5. @bitclubjapan.

    http://bitclub.staged.com/rfPp

  • www.bitcoinmythsexposed.com   Bitcoin Basics (Part 1) – “Explained For Beginners ...

    Bitcoin 101 – The Nightmare of a 51% Attack; ... Bitcoin Basics (Part 1) ... yuan would destroy the dollar overnight, ...

    http://www.bitcoinmythsexposed.com/bitcoin-basics-part-1-explained-for-beginners/

  • bitcoinmoxy.com   7 DAY$-24/HR$ - BITCOIN MINING EXPERIMENT - See How …

    Like000000000or copy the linkThis video goes over my 7 day 1 week Bitcoin ... Previous article Bitcoin 101 - The Nightmare of a 51% Attack - Part 1 ... that won’t ...

    http://bitcoinmoxy.com/7-day-24hr-bitcoin-mining-experiment-2015-05-04/

  • cointelegraph.com   Bitcoin Analysis: Week of Dec 28 (Year in Review)

    317 325 341 319.64001464844,320.05999755859,320.13000488281,319.64999389648,319.67001342773,320.01000976562,318.73001098633,319.17999267578,318.58999633789,317.57998657227,318.10998535156,318.04000854492,317.14001464844,317.

    cointelegraph.com   •   3 years ago

    http://cointelegraph.com/news/113215/bitcoin-analysis-week-of-dec-28-year-in-review

  • bitcoinmagazine.com   The Science of Trust

    Users must destroy extremely ... “block” in Bitcoin) first. As a result, consensus is not required; you don’t have to trust any particular miner because the only way to produce a false ledger (or “blockchain”) would be a 51% attack, requiring ...

    bitcoinmagazine.com   •   3 years ago

    https://bitcoinmagazine.com/15513/science-trust/

  • www.examiner.com   'Skyfall' and 'Twilight: Breaking Dawn part 2' highlight November fall movies

    Fans of the James Bond series and the "Twilight Saga" can also rejoice as the 23rd Bond flick "Skyfall" and "Twilight: Breaking Dawn part 2" hit this month as well ... Irina and the Volturi plan to destroy Renesmee and the Cullens. In an attempt to ...

    Examiner   •   5 years ago

    http://www.examiner.com/article/skyfall-and-twilight-breaking-dawn-part-2-highlight-november-fall-movies

  • nymag.com   The Surveillance-Free Day (Part I)

    So I set up a vacation auto-reply on my Gmail account: Hi, I'm trying to spend today entirely free of surveillance. Since Google is known to be part ... of my day – that, by downloading Tor and HideMyAss, by paying for software in Bitcoin, wrapping ...

    Kevin Roose   •   New York Magazine   •   4 years ago

    http://nymag.com/daily/intelligencer/2013/07/surveillance-free-day-part-i.html

  • www.wsj.com   Fastcoin? Peercoin? Bitcoin Opens Door to New Currencies

    As the Bitcoin phenomenon reaches new heights, developers are rolling out dozens of competing virtual currencies with colorful names like Litecoin, Peercoin, Namecoin and Feathercoin. Joseph Light reports on digits. Photo: Getty Images.

    Wall Street Journal   •   4 years ago

    http://www.wsj.com/video/fastcoin-peercoin-bitcoin-opens-door-to-new-currencies/F7798154-510D-4AF5-AC92-BE43F9289F56.html

  • securelist.com   A Fanny Equation: “I am your father, Stuxnet”

    The joint presentation included slides dealing with various parts of Stuxnet, such as the zero-days used in the attack. Perhaps the most interesting ... results are simply disposed but they are still part of the code. This could be the remains of a debug ...

    Kaspersky Lab   •   2 years ago

    https://securelist.com/blog/research/68787/a-fanny-equation-i-am-your-father-stuxnet/

  • Show More