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Friday, 29 January 2021

BTC 2.0: A PoW/PoS hybrid system

Hi guys,

I just got an idea of a second layer of security for btc's network that could be useful for a rapid consensus in the case of a 51% attack. What about a smart network that would allow its nodes to vote on a "true" ledger in the case of an attack? The network nodes would create a board with all the users who applied to participate in the voting process and any conflict could then be solved by a majority vote from the stakeholders. Hashrate wouldn't be a problem anymore as any major attack would have low chances of success.

As we like to say it's better to work smarter than harder, this also works for the miners:)

submitted by /u/Low_Box4353
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from Bitcoin - The Internet of Money https://ift.tt/2KWpQX8

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