A recent study by the Cambridge Centre for Alternative Finance indicates that nearly 72% of undersea fiber optic cables would need to fail to significantly impact the Bitcoin network. Researchers Wenbin Wu and Alexander Neumueller analyzed P2P network data and 68 verified cable fault events to assess Bitcoin's infrastructure resilience. The study highlights that while Bitcoin is robust against random cable failures, it is more vulnerable to targeted attacks on specific subsea cable chokepoints.
The research also underscores the role of Tor routing in enhancing Bitcoin's resilience. Tor's infrastructure, concentrated in well-connected European countries, provides a "compound barrier to disruption," making 64% of Bitcoin nodes effectively "invisible" to researchers. Despite historical cable faults, the study found no significant correlation between these events and Bitcoin's price movements, with a correlation coefficient of -0.02.
Study Reveals Bitcoin's Resilience to Subsea Cable Failures
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