kaal:claim:3125822-016
A 51 percent collusion that votes against common sense is visible in an open system, which erodes trust, reduces use and fees, and lowers the value of the attackers' own reputational salary, so the tactic can destroy an expertise tag but cannot enrich the attackers.
Source quote, verbatim
This would erode trust in the platform, and therefore use and fees would diminish, making the 51% holding of reputational salary less valuable. Therefore this tactic generally has the potential to destroy the expertise tag, but not enrich the attackers.
From
Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018), 4.1.3 The 51% attack, p. 14
https://ssrn.com/abstract=3125822 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018). SSRN: https://ssrn.com/abstract=3125822
Holds when
Classification
mechanismsupport: arguedconsensus-and-securityreputation
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