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

The Mining Pod | Bitcoin Mining News
The Mining Pod | Bitcoin Mining News
Episode • May 16, 2023 • 1h 10m

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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