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    Author Topic: The overlooked existential threat of centralization  (Read 1886 times)
    gustav (OP)
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    June 11, 2015, 06:50:52 PM
     #1

    Bitcoin is more and more vulnerable the less nodes it has.
    The less nodes it has the more likely a ddos becomes which could have fatal consequences.
    This kind of attack where an only medium size enitity (like mastercard or visa for example) could ddos 90% or more of the nodes on the network is highly overlooked and underestimated. That's also a reason a blocksize increase which would further reduce nodes is very unwise.

    Imagine Bitcoin with less than 1000 nodes ... it wouldn't be secure at all anymore.

    If someone really would manage to ddos almost all nodes on the network i could imagine multiple forks to occure.

    Correct me if i'm wrong.
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