Bitcoin Forum
January 20, 2018, 07:24:48 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: CGMiner is nearly the guaranteed end of the 51% vulnerability  (Read 843 times)
NASDAQEnema
Full Member
***
Offline Offline

Activity: 182


View Profile
July 27, 2012, 06:07:41 AM
 #1

Mine either algorithm as you like.
Monitor changes in hashrates.
Trigger defense mechanism either when too low or too high.
Jump chains to defend.

So much for the so called flaw.

We're almost there.

We can tolerate monocoin nutjobs causing havoc.

Or we can design useful chains with abstract features and exotic properties.

If you feel Universe has trolled you exclusively, please donate to Emergency Butthurt Support Fund:
1Jv4wa1w4Le4Ku9MZRxcobnDFzAUF9aotH
Proceeds go to Emergency Butthurt Escape Pod none of you will be allowed to use. If you have read this far, you must pay Emergency Butthurt Internet Tax.
1516433088
Hero Member
*
Offline Offline

Posts: 1516433088

View Profile Personal Message (Offline)

Ignore
1516433088
Reply with quote  #2

1516433088
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1516433088
Hero Member
*
Offline Offline

Posts: 1516433088

View Profile Personal Message (Offline)

Ignore
1516433088
Reply with quote  #2

1516433088
Report to moderator
1516433088
Hero Member
*
Offline Offline

Posts: 1516433088

View Profile Personal Message (Offline)

Ignore
1516433088
Reply with quote  #2

1516433088
Report to moderator
ElectricMucus
Legendary
*
Offline Offline

Activity: 1610


God of the code.


View Profile WWW
July 27, 2012, 06:18:58 AM
 #2

riiight  
NASDAQEnema
Full Member
***
Offline Offline

Activity: 182


View Profile
July 27, 2012, 06:30:55 AM
 #3

riiight  

All this centralization on one coin is making people paranoid and desperate.

Hashrates can be combined and merge mined. Any chain that has the same algorithm can have the same power to it.

If you feel Universe has trolled you exclusively, please donate to Emergency Butthurt Support Fund:
1Jv4wa1w4Le4Ku9MZRxcobnDFzAUF9aotH
Proceeds go to Emergency Butthurt Escape Pod none of you will be allowed to use. If you have read this far, you must pay Emergency Butthurt Internet Tax.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!