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

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

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.

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  • Ethereum dev floats halving slot times to 6 secs, doubling blocks
  • Huione marketplace death sprouts 30 more in its place: Elliptic
  • Pompliano’s crypto firm raises $750M to go public via SPAC
  • Bitcoin rebounds to $106K amid Middle East ceasefire and rate cut bets
  • Trump Media says $400M stock buyback won’t affect BTC treasury plans
  • Anchorage adds DeFi capability for institutions with Uniswap wallet integration
  • Democratic senator introduces bill to address Trump’s crypto ties

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