niceli (OP)
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October 22, 2019, 05:43:15 PM |
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Xeon
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October 22, 2019, 05:55:58 PM |
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Good investments ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Vispilio
Legendary
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Activity: 2114
Merit: 1641
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October 22, 2019, 06:40:36 PM |
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not a sound investment proposition ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) as you cannot even make a "gentlemen's agreement" for a criminal activity... it's true however many PoW coins don't have the hashpower to withstand a serious 51% attack, they might benefit greatly from modifying their blockchains with the newer and more robust proof methods.
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Muzzargh
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October 22, 2019, 06:50:37 PM |
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not a sound investment proposition ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) as you cannot even make a "gentlemen's agreement" for a criminal activity... it's true however many PoW coins don't have the hashpower to withstand a serious 51% attack, they might benefit greatly from modifying their blockchains with the newer and more robust proof methods. Like the sign says, "If the cash is there, we don't care."
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tenakha
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October 22, 2019, 10:22:29 PM |
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You can be part of Attack 51% SECURITY Hello from the past! Maybe somebody understands who I am, but for the others I am nobody. In any case, I will stay anonymous for everyone. Get to the point ! I plan to take control of most of the network hashrate and launch a massive attack 51% on the main network of one of the major coins in order to make a profit.
The cost of the attack will be about 20 BTC or 950 ETH. I accept donations and collect resources. The conditions are as follows.
* The minimum donation is 0.1 BTC or 5 ETH.
* The link to the online stream will be available to those who donate from 1 BTC or 48 ETH.
* Only those who donated will have access to the private telegram channel. There are no public chats. All information and updates are published in a private channel.
* The reward of participants depends on the success of the attack. I guarantee at least x3 of the donation amount. Payments will be distributed strictly to ETH wallets no later than 7 days after the success.
* It takes a long time to prepare, set up a mining pool and synchronize wallets. The exact date of the attack will be determined later, but not later than November 20. The coin will not be announced in advance. All information will be published in private channel.
Activity (publications in social networks, media resources, telegram channels and forums will be generously rewarded as soon as we reach the goal. Send your proposals to my telegram contact @SaddlerDoodad
PS: Part of the profits will be anonymously transferred to various charitable foundations. If the funds are not collected in full, the donations will be returned in its entirety.
BTC, ETH addresses to donate and an access to the private channel you can only get personally from me by telegram contact @SaddlerDoodad
Peace.
Apparently the content has been deleted, and that must be what was written in the content. According to what was written, there have been experiences like this before. What are the benefits to donors? Is there any reason to believe that? I found a link about what is 51% attack to those who interested: https://www.investopedia.com/terms/1/51-attack.asp
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CjMapope
Legendary
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Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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October 22, 2019, 10:40:48 PM |
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ovbious scam is obvious ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) you would have to know nothing about BTC to fall for this honestly if you send this guy money you probably deserve to be scammed what hes saying dosent even make technical sense lol fail (another way you KNOW its a scam is it asks you to join telegram to chat haha)
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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fosco333
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October 23, 2019, 04:09:08 AM |
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You can be part of Attack 51% SECURITY Hello from the past! Maybe somebody understands who I am, but for the others I am nobody. In any case, I will stay anonymous for everyone. Get to the point ! I plan to take control of most of the network hashrate and launch a massive attack 51% on the main network of one of the major coins in order to make a profit.
The cost of the attack will be about 20 BTC or 950 ETH. I accept donations and collect resources. The conditions are as follows.
* The minimum donation is 0.1 BTC or 5 ETH.
* The link to the online stream will be available to those who donate from 1 BTC or 48 ETH.
* Only those who donated will have access to the private telegram channel. There are no public chats. All information and updates are published in a private channel.
* The reward of participants depends on the success of the attack. I guarantee at least x3 of the donation amount. Payments will be distributed strictly to ETH wallets no later than 7 days after the success.
* It takes a long time to prepare, set up a mining pool and synchronize wallets. The exact date of the attack will be determined later, but not later than November 20. The coin will not be announced in advance. All information will be published in private channel.
Activity (publications in social networks, media resources, telegram channels and forums will be generously rewarded as soon as we reach the goal. Send your proposals to my telegram contact @SaddlerDoodad
PS: Part of the profits will be anonymously transferred to various charitable foundations. If the funds are not collected in full, the donations will be returned in its entirety.
BTC, ETH addresses to donate and an access to the private channel you can only get personally from me by telegram contact @SaddlerDoodad
Peace.
Thank you for re-posting the article because the original one on reddit has been deleted. I think it is a scam and this scam method is not new, peoples who fall because of this are only new comer. 51% attack won't be possible to do on top coins by single person because the global hashrate are huge, obvious scam.
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Strongkored
Legendary
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Merit: 1112
Vave.com - Crypto Casino
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October 23, 2019, 04:37:47 AM |
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-snip-
Thank you for re-posting the article because the original one on reddit has been deleted. He is still required to include the source of this article, otherwise he can be considered plagiarism. 51% attack won't be possible to do on top coins by single person because the global hashrate are huge, obvious scam.
Related article I had read Yes you are right, cannot be done individually. https://www.investopedia.com/terms/1/51-attack.asp51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is still hypothetical – by a group of miners controlling more than 50% of the network's mining hashrate, or computing power
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Tipstar
Sr. Member
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Vave.com - Crypto Casino
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October 23, 2019, 04:47:10 AM |
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51% attack can happen when 51% of the total hashrate originating miners decide to do it. That's why it's nearly impossible for it to again happen with bitcoin or any other popular mine-able coins. Even for the low miners coins the attacker needs to own more than 50% of hashrate which still is a large mining power according to the size of the coin. There's no use of attacking a useless coin unless for educational purpose.
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NeuroticFish
Legendary
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Merit: 6482
Looking for campaign manager? Contact icopress!
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October 23, 2019, 11:59:04 AM |
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Imho the only way to monetize a 51% attack is via double spend. So an exchange or similar service may be also needed, making the things more difficult than only gathering enough hash rate. I think that's much easier to gather maybe 5 of the 20BTC and leave. What could complain of those who donate? That they've got scammed while trying to team up for a scam? Or that their donations got stolen?!
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DaMut
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October 23, 2019, 12:32:37 PM |
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51% attack won't be possible to do on top coins by single person because the global hashrate are huge, obvious scam.
Related article I had read Yes you are right, cannot be done individually. https://www.investopedia.com/terms/1/51-attack.asp51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is still hypothetical – by a group of miners controlling more than 50% of the network's mining hashrate, or computing power It is not entirely impossible for one person to do that because you can rent the hashrate on the internet(miningrigrentals, nicehash). It happened with some new small coins before, all that you need to do is surpassing the 50% hashrate on the network and making a profit from double spend. and not totally impossible to do it on top coins, but it requires a lot of money to do that.
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NathanJB
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October 23, 2019, 12:53:49 PM |
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51% attack won't be possible to do on top coins by single person because the global hashrate are huge, obvious scam.
Related article I had read Yes you are right, cannot be done individually. https://www.investopedia.com/terms/1/51-attack.asp51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is still hypothetical – by a group of miners controlling more than 50% of the network's mining hashrate, or computing power It is not entirely impossible for one person to do that because you can rent the hashrate on the internet(miningrigrentals, nicehash). It happened with some new small coins before, all that you need to do is surpassing the 50% hashrate on the network and making a profit from double spend. and not totally impossible to do it on top coins, but it requires a lot of money to do that. We are talking of billions of USD. That makes it more on the impossible side than on the possible side. This is nothing but a mere scam that creates FUD. Unless they will attack almost dead shitcoins, they are not going to make anything in this plan. This is only possible for the sake of argument and not on reality.
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DaMut
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October 23, 2019, 01:38:38 PM |
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snip
We are talking of billions of USD. That makes it more on the impossible side than on the possible side. This is nothing but a mere scam that creates FUD. Unless they will attack almost dead shitcoins, they are not going to make anything in this plan. This is only possible for the sake of argument and not on reality. Nope, it is not about FUD but it might be a scam and we are not talking about billions of USD or BTC or ETH. If you read the thread https://www.reddit.com/r/CryptoCurrency/comments/dllbkf/you_can_be_part_of_attack_51/you will see he is targeting top coins and do not specify what coin it is. And it is not impossible for him to attack the top 3000 coins, because it does not require much money to rent the hashrate considering their total hashrate at this moment.
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Bitze
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October 23, 2019, 02:40:38 PM |
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please immediately forget the information. someone would like to make the quick money again. luckily the content on reddit has already been cleaned up. but according to the comments there is someone who fell for it. i hope that is not true. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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boltz
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October 23, 2019, 02:44:30 PM |
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It won't happen guys so calm down. I know for most of the pools would be a tempting but it won't happen ...just because we had a sudden drop in price and we already see panic sells and people spreading fud all over the social platforms doesn't mean a attack 51% will happen. Enjoy the coming bottom for q4 of 2019 and have the cash ready to make your buys ...this is what I'm thinking right now.
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alexforneus
Jr. Member
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October 23, 2019, 02:52:14 PM |
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People are afraid 51% too much. Nothing intresting
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Rodeo02
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October 23, 2019, 02:59:11 PM |
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It won't happen guys so calm down. I know for most of the pools would be a tempting but it won't happen ...just because we had a sudden drop in price and we already see panic sells and people spreading fud all over the social platforms doesn't mean a attack 51% will happen. Enjoy the coming bottom for q4 of 2019 and have the cash ready to make your buys ...this is what I'm thinking right now.
I dont understang what is in the link given i just checked the message and it has been removed and the 51% they are talking here is about investment which is i see talking before. Now i dont understand what is the 51% attack of the title.
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