50% Attack

in #ambr6 years ago

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From Ambr's design pattern, votes are based on equity. Therefore, if the attacker owns more than 50% of the equity, he can freely manipulate the voting results. However, the attacker must have 50% of the following restrictions:

  1. The Ambr system is based on equity voting, so those with more equity will not want the Ambr system to crash. If the Ambr system crashes, these people need to suffer large losses.

  2. If an attacker wants to acquire shares, he or she must acquire more 50% of the shares in the Ambr system, and an increase in acquisition costs (barrier to entry) increases the risk of attacks.

  3. Ambr's verifiers are diverse, which greatly reduces the probability of joint verifier attacks.

  4. Ambr's design model will punish attackers and once confiscated attacker assets will be confiscated. Therefore, the attacker's attacking cost and risk will be greatly increased, thereby reducing the attacker's motive.

#ambr #vocabulary #bitcoin #cryptocurrency #ethereum #DAG
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