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Re: delete
by
bansal
on
31/08/2011, 23:05:10 UTC
Quote from: jackjack on August 31, 2011, 10:36:04 PM
Quote from: bansal on August 31, 2011, 10:24:39 PM
Quote from: Syke on August 31, 2011, 10:10:09 PM
Quote from: bansal on August 31, 2011, 06:23:56 PM
Quote from: Syke on August 31, 2011, 05:44:31 PM
As can 49%, 40%, 20%, etc., they just have zero chance of succeeding.
Fixed it for ya
You seem to misunderstand now cryptocurrencies work. Read over
http://en.wikipedia.org/wiki/Variance
and come back when you understand it.
Variance has nothing to do with it. You can't create the longest chain if you have less hashing power than the rest of the network. It's one of the most basic concepts of the current design of crypto-currencies actually.
Yeah real useful response thanks.