Comparing Double Spend Resistance: Decred VS Bitcoin — Part 1

Fiach_Dubh
May 15, 2019 · 12 min read

Warning: This article is not noob friendly. It assumes you already know about Decred and it’s hybrid PoS & PoW consensus mechanism, as well as the nature of double spend attacks, otherwise known as 51% attacks.

This article tries to answer the following questions:

1. Is Decred’s Hybrid Proof of Work & Proof of Stake consensus mechanism more resistant to a double spend attack (often called a 51% attack) than Bitcoin’s Proof of Work consensus mechanism?