CryptoClarity

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2 selected videos

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:

3NLjo7sb6jo89G4DC7NCD8LeyhhWfV9uFq

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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Related topics : bitcoin cost calculator / bitcoin mining calculator

Bitcoin's size compared to Banking System

In this video I compare Bitcoin's daily transaction volume to the current Banking Systems daily transaction volume and try to present it in a visual manner

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

3NLjo7sb6jo89G4DC7NCD8LeyhhWfV9uFq

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Related topics : bitcoin banking system