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Author Topic: BitUndo, the criminal mining pool  (Read 2186 times)
safeminer (OP)
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April 16, 2014, 11:50:09 AM
 #1

http://www.bitundo.com/

So Bitcoin faces a new hurdle, what are we going to do about it gentlemen
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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-ck
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April 16, 2014, 12:06:51 PM
 #2

Just don't mine there and discourage anyone from mining there and they'll never have enough hashrate to successfully undo anything.

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April 16, 2014, 12:10:32 PM
 #3

Not use it?  Smiley

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
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safeminer (OP)
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April 16, 2014, 12:12:53 PM
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but what IF someone with substantial hashing power decides to do so ?
I don't think matters like these should be taken so lightly Huh
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April 16, 2014, 12:14:47 PM
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Then stop bumping your thread - you're advertising it for them....... Roll Eyes

Even better, delete it.

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
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safeminer (OP)
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April 16, 2014, 01:12:42 PM
 #6

It is all over reddit/r/bitcoin so this thread won't make a difference
Broseph Stalin
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April 16, 2014, 01:58:52 PM
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Then stop bumping your thread - you're advertising it for them....... Roll Eyes

Even better, delete it.

Out of sight, out of mind? Ignorance is bliss?
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April 16, 2014, 03:23:10 PM
 #8

Then stop bumping your thread - you're advertising it for them....... Roll Eyes

Even better, delete it.

Out of sight, out of mind? Ignorance is bliss?

Stop showing your noobness & be a little more respectful to long term members, they know what they are talking about.

If it's all over reddit - go comment there. On these forums there are many unsuspecting noobs who will see this post & possibly check it out, maybe even sign up - then get stung. There are two conclusions to be drawn from your posts:

1) You are actually behind this potential scam & are posting about it here to advertise it.

2) You are BatMan & Robin cunningly disguised as noobs on a mission to cleanse the bitcoin world of all it's demons, bad guys & swag snatchers.

The first two replies to this post are 100% correct - I hope this is the last comment on this thread. Deleting it would be even better.


-- Smiley  Thank you for smoking  Smiley --  If you paid VAT to dogie for items you should read this thread:  https://bitcointalk.org/index.php?topic=1018906.0
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April 16, 2014, 05:41:40 PM
 #9

I think BitUndo is good for Bitcoin, and I think replace-by-fee is better: http://www.reddit.com/r/Bitcoin/comments/235zv5/why_you_should_mine_with_replacebyfee_a/

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April 16, 2014, 11:35:57 PM
 #10

Will this work? (in any cases that the hashrate is overcoming the network?)
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