Post
Topic
Board Altcoin Discussion
Re: BlockBurner - Crucible FPGA Scrypt Miner - Answering the Call
by
digitalindustry
on 23/05/2013, 02:15:58 UTC

As you may have read already, we do not plan on distributing massive amount of fpgas and we will in the end offer our design in open source. And per laseeks recommendation and our spitballing we decided it would be best to have a hard limit to how many we carry at any given time. I agree the danger of a 51% (even if we were only solo mining) is possible and should be avoided at all cost.

you misunderstand , i'm not actually talking about a 51% attack, i'm talking about the loss of market confidence.

something that seems to be hard for people to understand.. (which is fine if you don't understand it)

but market confidence is the only thing that keeps any value in any entity / currency .

if the market expects "decentralized" and gets " 20 guys that own ASICS" or even "100 guys that own FPGA"  that is a doomed market.

the result is that energy does not die it just changes form = evolution = market regains confidence, = FPGA obsolete (if it's provable)

51% attack is nothing , if that entity dies , that actually helps the evolution , and speeds up the demise of the centralization.