Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: BitPico throwing down against Roger Ver
by
pooya87
on 29/06/2018, 03:24:44 UTC
⭐ Merited by squatter (1)
That's cute, but it's probably not going to work. The article's author is confused about how a 51% attack works. What BitPico seems to be planning is a "stress test" of extremely large transactions.

it is a weird way of 51% attacking the network. maybe i understood it wrong but they are saying they will sybil attack the nodes (which they claim are centralized) and will only give them their own blocks which is where the 5000 nodes they claim they have come in.
the fork to create new coins from it like BitpicoCash is a completely different thing too.

in any case i hope they stop the social media bullshit and stick to the attack and then release more clarifying information about it. i believe they are exaggerating a lot of things.