Become a Patreon

Knowledge Protocol. Daily curated links from the space of blockchain, bitcoin, tokens, cryptocurrencies and protocols. No news, no bullshit, deep knowledge only.

2/ 3

Work for Sale — Bootstrapping Security Through Network Protection ()

"Many proof of work (PoW) chains aren’t secure. They’re extremely difficult to bootstrap hashpower for and as the value of the network greatly outpaces the coordination and hardware cost of an attack, it becomes quite lucrative to do so. An exception, in this case, would be Bitcoin as it had a first-mover advantage and is the strongest network from both an ideological standpoint and mining operations."

Subscribe to our newsletter - get a weekly round-up right to your inbox.