The costs of HACKING BITCOIN - Sybil Attacks Explained

In this video I make some calculations about the costs of making a sybil attack on the Bitcoin network.

If this video helped you and you'd like to give back you can send bitcoin to this address:

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Contents:

1:48 - Mining explained

5:47 - Sybil attacks explained

8:25 - Sybil attack costs calculations - Power

9:58 - Sybil attack costs calculations - Mining equipment

12:40 - Size of a Sybil attack operation

13:43 - Other thoughts and conclusions

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From: CryptoClarity

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Litecoin Mining Profit - Litecoin Mining Profitability 2017

Litecoin Mining Profit - Litecoin Mining Profitability 2017

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bitcoin is actually a world-wide currency that employs an open ledger technique to track record trades being submitted anyone to a different. All this happens without central financial institution in the centre and it's also not handled through government, controlling system, individual business, or particular person.

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Best Gpu For Litecoin Mining 2018

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the cryptocurrency bitcoin is really a world-wide currency which uses an open ledger procedure to track record transactions being submitted anyone to another. Doing this happens without any central financial institution in the centre and it is not handled through government, controlling body, individual company, or person.

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Litecoin Mining Pool 2017

Litecoin Mining Pool 2017

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bitcoin is actually a worldwide currency that employs an open ledger technique in order to record deals being submitted anyone to a different. All of this happens without central financial institution in the middle which is not operated by government, controlling body, individual organization, or person.

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