⁉️💬Vitalik Buterin called on the community to prepare for a possible 51% attack on Ethereum
Ethereum co-founder Vitalik Buterin called on the community to strengthen the network's preparations for a hypothetical 51% attack, controlling more than half of all coins locked for network block validation. This can lead to transaction manipulation, double spending, history rewriting, and censorship. In his opinion, the latter threat is one of the most significant, and honest validators could switch to a blockchain fork as a response to the attack, which requires social consensus. 😃
Buterin believes that the network should be more prepared for such challenges and the response to 51% attacks should be as automated as possible. Validators must use software that automatically counteracts censorship of transactions or validators. All honest nodes should automatically coordinate to use the same software. 😎