Optimizing a 51% Attack | Justin Drake | The Mining Pod

16/05/2023 1h 10min Episodio 160
Optimizing a 51% Attack | Justin Drake | The Mining Pod

Listen "Optimizing a 51% Attack | Justin Drake | The Mining Pod"

Episode Synopsis

Today we are joined by Justin Drake an Ethereum researcher that collaborated on the ETH 2.0 consensus change. We talk about variations of mining attacks on Bitcoin.



Justin Drake: https://twitter.com/drakefjustin

Will Foxley: https://twitter.com/wsfoxley



TIMESTAMPS:

00:00 Intro

01:30 Justin Drake

04:05 51% attacks

11:22 Spectrum of attack outcomes

14:33 Attackers vs defenders

19:22 $5.25B economic security

23:17 Tactics

30:46 Timing the attack

34:13 Hardware attacks

39:43 Infrastructure attacks

44:24 Regulation & violence attacks

46:50 Vulnerable attack vectors

52:27 How to prepare?

01:01:38 Checkpoints & ASIC secret code

01:06:48 The role of ideology



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