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Deleted member 1333509
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I don't know the exact comparison between launching an enterprise to generate 51% of the total hashing power in the network, and the value of the manipulating the network - but I would assume that:So it's the amount of electricity and budget which is not worth the hassle even if someone wants to hack right?
a) there are countries, banks, institutions that would have the ability to fund an enterprise at this scale.
b) because of that, the value of doing so would logically be less than the cost of doing it, otherwise it would have been done by now.
Also, it would become clear very quickly that a 51% attack on BTC was occurring. The value of BTC would collapse over the space of hours, exchanges would pause their operations immediately, and the attacker would end up stealing a huge amount of valueless digital currency they would never be able to sell.
The only way anyone would actually want to do this is for destructive purposes, not for financial gain.
So now you're at 0?My IQ dropped 20 points just by reading the thread and comments. Of course the probability is not 0 because we live in a world with quantum mechanics so everything is possible. It's as likely as the theory that you are satoshi yourself but just forgot about it after running against a door.