kaal:claim:3227933-020

Anonymity in blockchain organizations makes them prone to Sybil attacks and 51 percent attacks, and anonymity combined with autonomy has already produced hacks.

Source quote, verbatim

Also, the anonymity in blockchain organizations means that they are prone to "Sybil attacks" or "51% attacks."

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 5. All Just Hype?, p. 13
https://ssrn.com/abstract=3227933 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

Holds when

anonymous, permissionless blockchain organizations

Classification

failuresupport: arguedfailure: Anonymity-enabled attacksfamily: sybil-and-identity-attackconsensus-and-securityblockchain

Related claims

restated_by kaal:claim:3227967-033 Anonymity in blockchain organizations makes them prone to Sybil attacks and 51 percent attacks, and anonymity ...
extended_by kaal:claim:5254152-013 Low attack resistance in DAOs is typically caused by the use of easily purchasable or transferable governance ...

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