Analysts warn that Bitcoin is easier to attack than Ethereum

Analysts warn that Bitcoin is easier to attack than Ethereum


According to the current findings of leading researchers in the crypto area, the proof-of-stake design of Ethereum could offer a greater defense against attacks than the Proof-of-Work system from Bitcoin.

Justin Drake, a well-known Ethereum researcher, has drawn attention to the comparable costs of a 51%attack on both networks. According to his analysis, the compromising of the Bitcoin blockchain would theoretically cost around $ 10 billion-significantly less than the estimated $ 45 billion, which would be necessary to disturb Ethereum, where the majority of the clocked ETH would have to be acquired for the attack.

According to Drake, this difference gives Ethereum a superior long-term security position, especially since the staking volume grows parallel to the network.

His view coincides with that of Grant Hummer, co -founder of Ethherealize, who also commented on this topic. Hummer warned that the security budget from Bitcoin is shrinking, making it increasingly susceptible to falling block rewards.

He predicts that the cost of an attack on the Bitcoin network could drop up to $ 2 billion within the next decade, which makes such an attack far more realistic for a financially strong opponent.

Hummer emphasizes that the more robust economic model and the validator infrastructure from Ethereum offer better protection for critical on-chain data. In his view, thanks to its growing validator pool and its high security, secured by staking, Ethereum is better positioned to serve as a decentralized value memory on the Internet.

In view of the growing concerns regarding the long -term sustainability of Bitcoin without increasing transaction fees, supporters from Ethereum argue that a consensus based on staking is more suitable in order to manage future network requirements without impairing resistance.


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Jayd Johnson

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