Quote from: cryptomined on May 19, 2018, 02:47:29 PM

Quote from: TheronB on May 19, 2018, 02:28:21 PM

So show us the proof this was done with ASICs.

Prove it was done with GPU's

The educated guess would point to ASIC's being used, as it is commonly discussed that this exact attack is the primary risk of ASIC's towards small cap coins...
However when one entity currently controls over 50% of the zec network, it is also a risk to zec... and it was zooko that took the educated guess that bitmain has over 50% of network hashrate now.

Quote from: TheronB on May 19, 2018, 02:28:21 PM

I agree sense china steals from the US any time they can who to say the CEO doesn't do some shandy shit with butmian there not heard account able for anything they do, so why not i bet is how they see it and trumps giving china a pass with ZTE makes "China Great again" is new the buzzword.. so trump can pad his Picket with 5 billion and who knows how much more ..

cryptomined you were right two year ago about the trump reality show and china is taking advantage of it any they can including with who controls the cryptosystem.

I'm willing to bet the CEO of butmain has to ask china's President to do some stuff to the US and the world or China has a lot of say in what butmain does .

This is a major risk with allowing a chinese company to control the hashrate of any POW coin... bitmain and other chinese ASIC manufactuers can easily be controlled by the chinese government... and that is not a nice thought. (since i live in china i can speak from being on the ground here)

I'm not the one advocating that 51% attacks are a problem. I don't care who has the hashing power or how it is used. It's just natural selection. Some coins will be killed. That's good. Do we really need more than a handful of cryptos? Just let the free, open market sort everything out. Fighting the ASICs only DECREASES the chance of more competition eventually emerging. It's a short-term gain, long-term loss fool's errand.

I see a future with official government cryptos that operate on a universal network to allow cheap and easy but accountable transactions worldwide, excluding craphole, poorly governed countries that refuse to participate. That's why a handful of old school cryptos will explode after the coming crypto winter.

Once crypto is backed by GDP, it will be universally accepted and useable because it will be stable.

Speaking of which, you should applaud Bitmain for backing Circle/USD Coin. That's definitely a step in the right direction.