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Come on people don't be fooling yourselves. Some government agency could bring this whole project down in the time it takes to generate a block ( roughly ten minutes ).
If deepbit.net can do it then the US gov. or even somebody like Google can mess this up pretty quickly and make it unprofitable in a second.
If deepbit.net can do it then the US gov. or even somebody like Google can mess this up pretty quickly and make it unprofitable in a second.
Don't just say they can, tell us how.
LOL are you joking ?
This whole gimmick network can be taken over pretty quickly.
Do you really think that the US gov. could not defeat some gamers in their basements with ATI cards etc. !
Military technology is years ahead of that available to mere civilians. The NSA are talking about building exaflop computers already etc.
Not to mention a huge budget of billions of dollars. Geeks will never match that.
Even the Chinese have them ( http://en.wikipedia.org/wiki/Tianhe-I#Tianhe-1A does about 4.7 petaflops and bitcoin has about 25 petaflops total hashing power ) ! Keep in mind that all this is released to the public but behind closed doors they have supercomputers that are for the military and many times ( 10x even ) stronger than what universities have etc.
LOL again !
