Post
Topic
Board Pools
Re: GHash is at 48% WTF
by
niothor
on 16/06/2014, 19:20:40 UTC
http://fuk.io/cexio-ghashio-jeffrey-smith-interview-exclusive/
INTERVIEW UPDATED WITH 51% ATTACK QUESTION

Quote
We STRONGLY agree that no Bitcoin user should fully trust a single entity that they will not harm and manipulate users’ funds and assets, and we will soon present a valid solution to the “Achilles heel “ problem of Bitcoin, and will start an open dialogue with other pool owners to impose this solution.

Wow, I feel much better now. I can't wait for the pool operators to become the dirty dozen and begin "imposing solutions" on Bitcoin. Time to go all in. o_O


Even worse:

Quote
We would also like to state that stopping sign ups and other actions of this type would only be a temporary solution, and there would be no guarantees that later on some other pool would get the percentage close to 51%, and their intentions would not be so true and assuring as ours.

We don't care for a temporary solution , let's all think a few years about another one.