Post
Topic
Board Bitcoin Discussion
Re: Concern? over 50% of miners controlled by two pools
by
Trance
on 25/12/2013, 17:29:33 UTC
Do you even know what a 51% attack is?  Do you know what can be done using it?  Do you know what would happen if a pool tried to do it?

Let's do a mind experiment.  Assume BTC guild, right now, has 60% of all the hashing power.  Now explain to me exactly what they would do in order to pull off a "51% attack", exactly what they would accomplish by doing it and most importantly exactly why they would do it.

This ^^^^

My biggest fear is that the Star Trek Enterprise will come back through time to our century and pull off a 51% attack.

I think they are only ones with their super advanced technology that could pull it off.

Hell, Commander Data could probably do it with his positronic brain.  Wink



 

Haha, very interesting thinking Smiley