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Author Topic: 🗞Blockchain security and social media🗞  (Read 52 times)

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Offline Kriptolab

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🗞Blockchain security and social media🗞
« about: March 31, 2019, 04:43:31 AM »
The immutable promise of block chain seems to be independent from any human interfere. However, this idea remains implausible in reality, when people invest in mining equipments to manipulate the public ledger and perform 51% attack on bitcoin cash and ETC.

Most of “proof of work” consensus such as bitcoin claims that the longest chain is truth no matter how human engages. When “work” become an investable result, people can interfere under the hood of “truth”.

When social media comes around, there is a mini history established by your friends and groups to record what is happening each day and verified by many related people. Thesedays we gives social media more creditability on history and current than news paper.

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https://medium.com/@davidwu_30530/blockchain-security-and-social-media-6605b94f6498
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🗞Blockchain security and social media🗞
« about: March 31, 2019, 04:43:31 AM »

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