51% attack on Ethereum more difficult than on Bitcoin — Justin Drake

Ethereum researcher Justin Drake told Cointelegraph that launching a 51% attack on Bitcoin would be “much cheaper” than on Ethereum, estimating the cost at around $10 billion.

Ethereum Merge architect Justin Drake told Cointelegraph that it would be cheaper to launch a 51% attack on Bitcoin than on Ethereum.

Drake said it would be “much cheaper to 51% attack Bitcoin” and that it would cost “on the order of $10 billion.”

Drake led work on Ethereum’s proof-of-stake (PoS) implementation and was a principal architect in the Merge (the full PoS transition event). His remarks echo a May 14 X post by Grant Hummer, the co-founder of Ethereum-focused marketing and product company Etherealize.

Read more