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

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 Fox...

2023-05-16

Episode notes

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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