Justin Drake | Crypto

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  • 51% attack on Ethereum more difficult than on Bitcoin — Justin Drake
    Cointelegraph.com - 13:29 May 16, 2025
    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