Sybil Attack
topic on 1 show · 1 statements across 1 episodes
1 statements about Sybil Attack, every show
Narula: Bitcoin solved Sybil attacks by tying identities to economic cost
“That was the insight behind Bitcoin. We were going to address the Sybil attack problem by making these identities actually cost something. So they weren't set ahead of time, but they were allocated according to how much people were willing to participate or pa…”