Latest posts of: mickey mouse

Show Posts
Pages: [1]

on: June 08, 2015, 11:02:11 AM

Quote from: Spexx on June 08, 2015, 09:58:09 AM Quote from: ElMacho20000 on June 08, 2015, 07:47:05 AM My very humble point of view on 51% attack is BULLSHIT! unless someone proves it. I am pleased that there are others prepared to call "foul" on this one. I can't find a single scholarly article to back it up. All references lead back to a single source, often quoted verbatim. I remain a skeptic. I require proof. One has to ask why it has never been demonstrated. Could that be because it is practically impossible? As I understand it, an attacker needs to 1) solve a minimum of two consecutive transaction blocks before anybody else does AND 2) convince the rest of the network to cooperate. Logically, it falls down at stage 1 because no matter how much hashpower you have, you cannot guarantee that someone else will not solve the block before you. Feathercoin was assaulted with a 51-percent attack in 2013 http://www.coindesk.com/feathercoin-hit-by-massive-attack/

on: March 28, 2015, 05:41:37 PM

Quote from: Spexx on March 28, 2015, 03:34:05 PM Quote from: light85bit on March 28, 2015, 02:58:13 PM Oh i see, but why do we have to spread the hashpower across multiple pools? So all the pools are active and live on? That is one reason, yes, but there is a general fundamental principle in all cryptocurrencies that no one party should ever control more than half the total hashpower. What I like most about spreading the hashpower across the pools is that no matter which pool mines a block, I get a share of it. Keeping an eye on the pools also allows me to divert hashpower to those pools in need of support from time to time. Ideally, we need at least 3 pools operating at any one time with each having roughly equal total hashpower running on them - very difficult to achieve in practice though. You do not have to spread your hashpower. Nothing compels you to do so and there is no reason to feel guilty if you neglect to do so Edit: Maxminers need a bit more support at this time Thanks, that explains it. To avoid the possibility of a 51% attack from a pool with more than half the total hashpower.

on: March 11, 2015, 09:59:25 PM

Quote from: EBK1000 on March 11, 2015, 09:56:02 PM Quote from: Matt9301 on March 11, 2015, 09:54:41 PM I saw anyone has sold at 24 satoshi, my question is why?? I saw that and I don't know why either, it will be worth a lot more soon Weak hands always sell cheap.

on: February 26, 2015, 11:52:45 AM

Quote from: Madness on February 26, 2015, 07:46:50 AM You have mega.co.nz which is fully annonymus and made for Anti-spying , not like Megaupload where NSA was able to check files and shit ... If you don't care about that , you have DropBox , Google Drive too . ~ Madness Is mega.co.nz free for any file size you want?

on: February 26, 2015, 11:44:02 AM

Total time logged in: 16 minutes Then again, I'm new to bitcoin.

on: February 14, 2015, 10:44:20 AM

Quote from: Strugg on February 14, 2015, 10:30:29 AM Good movement on the market! This ridiculously cheap prices will soon be the past imo. Next target 4k guys! Cheers and happy Valantines Day! ~ Strugg +1 This is the last chance to get coins at these prices. The sellers will regret it in the future.

on: January 31, 2015, 06:53:36 PM

Quote from: JessicaSe on January 31, 2015, 12:56:20 PM they said paycoin is backed by usd fiat then premined the coins and sold them into market to get money to support the paycoin its a big scam , stay away from paycoin , don't invest your money there +1 It's crashing in price now and new buyers will just get burned.

on: July 13, 2014, 10:10:05 PM

This could damage mintpal's credibility. They could begin to look like a mickey mouse exchange after this.

Pages: [1]