Odaily News Ether researcher Justin Drake stated that the cost of launching a 51% Attack on Bitcoin is approximately $10 billion, which is much lower than the cost of attacking Ethereum. He pointed out that Ethereum’s PoS mechanism not only increases the cost of attacks but also provides additional security through the community’s social coordination mechanism. Justin Drake emphasized that the Ethereum community can identify and punish attackers, which is an advantage that the PoW mechanism does not possess. In addition, Matan Sitbon, the founder of blockchain interoperability developer Lightblocks, also stated that the ultimate security of Ethereum relies not only on Cryptography or protocol rules but also on the community’s strong social and economic coordination mechanisms. (Cointelegraph)
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