#EthereumSecurityInitiative
Odaily News Ether researcher Justin Drake mentioned that the cost of executing a 51% attack on Bitcoin is around $10 billion, which is much lower than the cost of an attack on Ethereum. He pointed out that the PoS mechanism in Ethereum not only enhances the cost of an attack but also provides additional security guarantees through the social coordination mechanism within the community. Justin Drake confirmed that the Ethereum community can identify and punish attackers, a feature that the PoW mechanism lacks. Additionally, the founder of Lightblocks for blockchain interaction development, Matan Sitbon, also mentioned that the ultimate security of Ethereum relies not only on encryption or protocol rules but also on the strong social and economic coordination mechanism of the community$ETH . (Cointelegraph)
