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RE: LeoThread 2024-11-23 13:58

in LeoFinance4 days ago

Part 3/6:

  • BCH: 1,760 Petahashes per second

  • BTC: 347,000 Petahashes per second

The stark difference reveals that BTC's hash rate exceeds BCH by 197 times and BSV by 555 times, marking a significant power disparity. This difference is crucial because it makes BCH and BSV susceptible to attacks from BTC miners.

The Threat of Attacks From BTC Miners

Crowder warns that just 0.5% of BTC's mining power can be redirected to attack BCH or BSV, rendering these networks vulnerable to various forms of attacks such as double spends or denial of service attacks. He explains that an ‘empty block attack,’ where transactions are not included in blocks, can severely disrupt BCH and BSV's functionality.