A latest study from Cambridge University found that the physical infrastructure of the Bitcoin network has extremely high network resilience, and the network can survive even if 72% of global submarine cables are cut. The most important finding of the paper is that current Bitcoin nodes are excessively concentrated in a small number of centralized cloud hosting facilities. A targeted attack or complete outage against the top 5 global hosting service providers would be sufficient to severely damage or even paralyze the entire Bitcoin network system. (CoinDesk)

BTC-1.9%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes