Cambridge study: The Bitcoin network could still function even if 72% of the world's undersea cables were cut, but an attack on the five major custodians could cripple them.

03/14 03:55

on March 14, the Cambridge Centre for Alternative Finance released a longitudinal study on the physical infrastructure resilience of the Bitcoin network, covering 11 years of peer-to-peer network data and 68 verified submarine cable failure incidents. The study shows that 72% to 92% of global transnational submarine cables must fail simultaneously for the Bitcoin network to experience significant node disconnection. Based on 1,000 Monte Carlo simulations per scenario, more than 87% of real failure incidents impact nodes by less than 5%, and the correlation coefficient between cable failures and Bitcoin price is close to zero (-0.02).

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