Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
Coinasaur
on 14/06/2014, 00:06:06 UTC
Quote from: toknormal on June 13, 2014, 11:59:57 PM
Quote from: Coinasaur on June 13, 2014, 11:56:28 PM
There are so many possibilities that could go wrong by trusting that many people with the entire basis of the coins theory

You mean like entrusting the integrity of the entire Bitcoin network to a morass of Tom Dick & Harry's running CGminer on their home PC's  Wink

if you think that is what holds up the BTC network then you guys know less than I thought. 90% of the network (likely more) is major mining firms and ASIC manufacturers testing their new products until they are no longer profitable. Perhaps the first year that was true, but they weren't "tom dick and harry" they were people in the technological "know" that knew this was something game changing.  THAT is what holds up the BTC network, my friend
EDIT: also, miners cant steal or cause a major problem if they decide to go away or screw with the system maliciously. How do we know that one node host cant just change some code on his node and fuck up the entire system?