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Optimizing a 51% Attack | Justin Drake | The Mining Pod
Episode 160

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

<p>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.</p> <p><br></p> <p>Justin Drake: <a href="https://twitter.com/drakefjustin">https://twitter.com/drakefjustin</a></p> <p>Will Foxley: <a href="https://twitter.com/wsfoxley">https://twitter.com/wsfoxley</a></p> <p><br></p> <p>TIMESTAMPS:</p> <p>00:00 Intro</p> <p>01:30 Justin Drake</p> <p>04:05 51% attacks</p> <p>11:22 Spectrum of attack outcomes</p> <p>14:33 Attackers vs defenders</p> <p>19:22 $5.25B economic security</p> <p>23:17 Tactics</p> <p>30:46 Timing the attack</p> <p>34:13 Hardware attacks</p> <p>39:43 Infrastructure attacks</p> <p>44:24 Regulation & violence attacks</p> <p>46:50 Vulnerable attack vectors</p> <p>52:27 How to prepare?</p> <p>01:01:38 Checkpoints & ASIC secret code</p> <p>01:06:48 The role of ideology</p> <p><br></p> <p>MINE</p> <p>Start mining your own bitcoins with Compass. <a href="https://bit.ly/3CehBf1">https://bit.ly/3CehBf1</a></p> <p><br></p> <p>WATCH <a href="https://youtube.com/c/CompassMining?sub_confirmation=1">https://youtube.com/c/CompassMining?sub_confirmation=1</a></p> <p><br></p> <p>LISTEN</p> <p>Apple Podcasts <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbkRxX0MwTUdPY290VEQzN0J2ME1KbDVSRG1rQXxBQ3Jtc0tsME5TQmZfSHJnMG0xWC1iYXFNZ3ZYRGpTTDNfSUtCVFhoSklibDFtMGU3RmV6Z2k5MVM5MlpUMWxzdVgtOHJ4d0ZpbXVrUnMxTXVkN0xSeHdXZWE2aGh5WEpLUkx4dndBaUZtclVhMXZZcHY1My0zbw&q=https%3A%2F%2Fapple.co%2F3fNfrdi">https://apple.co/3fNfrdi</a></p> <p>Spotify <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbE5renJPTkpwVC1IMzBoaWg4c3BWdzhnR0J6d3xBQ3Jtc0trTUJROW1aZDRMOEpiNFpOYmZyUEZxTWxFSHRWaXd3REtGWXZDMkhhbkY0cDk0UVNtZlptMkR1ajBlWDljQV9obWxub3NtdmhDcDNwV1dkcDFkVUloZHdRYVdiTm9Fel90bWdoSU4yUzZEczNLakFCQQ&q=https%3A%2F%2Fspoti.fi%2F3tSf9G1">https://spoti.fi/3tSf9G1</a></p> <p>Amazon <a href="https://amzn.to/3557cqg">https://amzn.to/3557cqg</a></p> <p>Anchor <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa25WckRfQzBqcTJpWWRHRTFiUF9IM0hVbW9Bd3xBQ3Jtc0trdEdoZmFQbXlXajB3c0ZLNGMtUjFSVWloWFBraHoyMFlpVHVFckljbFZRRmQzSTlIRm9VUkFVUTNzS2xhblhvS1E0YnNPLVIxeUl4a3F2aHRQNnV6M0lUZmJVakZGbTI4SUUyc0haUG0xY0JLcmFqRQ&q=https%3A%2F%2Fbit.ly%2F3rmb7UF">https://bit.ly/3rmb7UF</a></p> <p>Fountain <a href="https://bit.ly/3NeNTec">https://bit.ly/3NeNTec</a></p> <p>RSS <a href="https://bit.ly/3chpULV">https://bit.ly/3chpULV</a> </p> <p><br></p> <p>LEARN</p> <p>Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: <a href="https://bit.ly/3vOGzxD">https://bit.ly/3vOGzxD</a></p> <p><br></p> <p>FOLLOW</p> <p>Twitter: <a href="https://twitter.com/compass_mining">https://twitter.com/compass_mining</a></p> <p>LinkedIn: <a href="https://www.linkedin.com/company/compassmining">https://www.linkedin.com/company/compassmining</a></p>

The Mining Pod | Blockspace Media · Blockspace Media

May 16, 20231h 10m

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Show 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


MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1


WATCH https://youtube.com/c/CompassMining?sub_confirmation=1


LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV 


LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD


FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

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