Are 2017’s Network Attacks ”Real” or Are Bitcoiners Growing Paranoid?



Technology

Over the past year or so there’s been a lot of discussion concerning ‘attacks’ on the Bitcoin network. Across forums and social media, the subjective valuations from bitcoin proponents of what an ‘attack’ on the network really is has become an extremely contentious topic.

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The Amplification of ‘Bitcoin Attacks’

Are 2017's Network Attacks Real or Are Bitcoiners Growing Paranoid?

In the early days, bitcoin enthusiasts occasionally talked about network attacks, typically discussing things like the 51 percent attack, quantum computer strikes, or an extreme denial of service onslaught from some central bank or government entity. However, these days the word ‘attack’ is used a bit more loosely than…


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