According to Justin Drake, the “attack 51%” on the network of the first cryptocurrency is complicated in the implementation, but the rich person or state with financial and technological resources is quite capable of. The ether can be considered a truly decentralized crypto acting, which in the future is able to become a “means of saving for the entire Internet.”
“This is the super -capacity of the model Proof–of–Stakecompletely inaccessible Proof–of–Work“,-assured the blockchain developer.
Ethereum has a system of protection against such attacks – a powerful mechanism of social and economic coordination of the community, which allows identifying the attacking and socially destroying it, the expert explained.
Earlier, the investment director of BitWise Matt Housogan said that the first cryptocurrency retains the status of the King of Cryptonnoye, but it is time for investors to consider other assets, in particular, ether.
Source: Bits
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