Unstoppabledomains.com is selling NFT domains. Once you purchase a domain from them, you have to mint it. If you don’t mint it, they say that the domain name is still yours but you haven’t proven the ownership by minting it on the blockchain. What’s stopping someone else from just minting domain names that are purchased by someone else on unstoppabledomains? And what exactly are they doing that prevents someone else from selling NFT domains with their own extensions? And what prevents me from minting random domain names on Ethereum blockchain? After all unstoppabledomains is not a central authority.

Don’t know why AVA keeps pumping. It has decoupled from BTC. Check their rewards for using Travala. It seems to me that they are getting no coiners into crypto. They must hold huge amount of AVA. AVA is backed by binance. Something is not right here.

I’m no shill. I’m just genuinely curious about this project. Imagine a scenario where you lost your private key. In PoW consensus, there’s absolutely nothing you could do. In PoS consensus, there’s absolutely nothing you could do. In PoSA, validators can theoretically help right? If you could prove to one of the centralized validators that you were the owner of the private key by giving undeniable evidence that you were the owner of that private key. They can omit the transaction from the network and ask the sender to send the transaction again to a new address. But then you need to rely on the validators and the sender. Seems like a better consensus system than PoW and PoS.

It is literal Chinese copy of Ethereum.

I think you are incorrect. AVA is not under ETH blockchain. ETH is only pegged on binance chain. They are completely different networks. AVA is only on BEP2. Binance got themselves in a mess. Binance smart chain is manipulating ETH holders to transfer ETH to BSC (Binance smart chain). It is a mess.

I think you are incorrect. AVA is not under ETH blockchain. ETH is only pegged on binance chain. They are completely different networks. AVA is only on BEP2.

I think the solution is to switch to an alternative coin or a token, because the average person doesn’t know about lightning network, sending transactions with 0 fees and other ways to reduce network fees or increase speed. What is the point in hoping Bitcoin will be able to scale one day when you already got coins and tokens that have already solved the problem of scalability? And how could you possibly say PoW is secure than PoS? Because I don’t know any known way of PoS getting hacked?

PoSA is somewhat a hybrid of centralization and decentralization. You could say it is centralized decentralization. Who do you think the validators of AVA Token?

I think the solution is to switch to an alternative coin or a token, because the average person doesn’t know about lightning network, sending transactions with 0 fees and other ways to reduce network fees or increase speed. What is the point in hoping Bitcoin will be able to scale one day when you already got coins and tokens that have already solved the problem of scalability? And how could you possibly say PoW is secure than PoS? Because I don’t know any known way of PoS getting hacked?

I’m not going to describe Bitcoin’s issue of scalability, because you guys probably know it. What I’m going to do instead is ask your opinion about a new cryptocurrency. Yes I’m a holder of this coin, so my opinion is very biased. This is a token. The token’s name is AVA. https://coinmarketcap.com/currencies/travala/

This Token is on the Binance chain (BEP2). What these guys have essentially done is, they have created a token with negligible fees, fastest transaction speed (almost instant) and therefore it is scalable. They have applications on both playstore and AppStore. Their wallet is their application. They literally charge 0 fees to send someone AVA tokens from their wallet.

This Token is on BEP2 network. Transaction cost is negligible. Can someone please explain how they are doing this? My guess is these guys are holding huge amount of AVA.

Without terms and conditions, your life is at risk. I fight for right of people. I heard that one of the prime ministers were assassinated here.

I booked a room in a “5 star” hotel on 23rd January 2021. It was around 1:00 a.m. So technically, it is 23rd of January 2021. When I tried to check in, they said I have to wait till 2:00p.m.

I understand that hotels have their own terms and conditions. I asked for their terms and conditions. They refused to give their terms and conditions. It seems like they don’t even have terms and conditions. When I did some research, I found out that they don’t even have a privacy policy. So, I went home without checking in. Before 2:00p.m, I got a call from the hotel and the person that spoke said “don’t come to our establishment”.

They ignore my phone calls and emails. I emailed them and said I’m going to sue them if they don’t have terms and conditions. They refunded my money. I emailed them and said, I will help you guys prepare terms and conditions if you don’t have one. They ignored me. If they don’t have terms and conditions, I can literally go their and do ANYTHING I want. Anyone who is reading this can even sue for billion dollars or put this place up for rent. Call them and ask for terms and conditions if you guys want. Maybe they have prepared one now.

Hotel: Tintagel Colombo
Location: Sri Lanka
Google Maps: https://[Suspicious link removed]/maps/QuaMzVvBYuuNs4pB6

Hotel Phone Number: +94 (11) 460 2060

I don’t know man. I smell something fishy here. Do you really think this is a coincidence? On January 21, 2021. $21. On block 666833. Right after Biden came into office. What are the chances of an uncle block?

Update
I don’t want to spread any FUD. But, it seems like a double spend has already occurred. https://www.businessinsider.com/bitcoin-price-double-spend-flaw-critical-report-suggests-2021-1

I don’t know the validity of this article, but the threat is imminent. And I personally believe team Satoshi is active in this forum. Now, I don’t want to start any arguments. I have laid the foundation for that. Won’t be commenting in a while.

Alright. I’m going to stop commenting on this thread. I keep saying how it is profitable to launch a 51% attack and everyone else is saying how it is not. I can explain how wrong you are but I’m not going to do that. If I do that, someone else will try to explain how wrong I am again. I see no point in having this discussion.

But let me clear your doubt about ASICs before I stop commenting. ASIC is a microchip designed for a special application. These chips/chip can be as small or as large as necessary. The size doesn’t matter especially when you have unlimited electricity for free.

Watched it. I have a counter argument. He said “ we kick those bastards off the network, rework the protocol around them”

Then the attacker will simply join the forked blockchain again and continue to double spend again. The amount of power needed will also be a lot less this time. How are you going to rework the protocol around them? You can’t.

I think it is safe to assume that you are a 40 year old, Indian dude, worried about losing the value of bitcoin by some kid you haven’t even met. You have the mentality of a typical sheep. I assume that in a country where there are billions of people, there isn’t much choice right? If you want bitcoin to be successful, you must look at all possible ways it could fail. Do you really think, 100 or 200 years from now, no one is going to find a way to harness unlimited energy with very little cost? I guess you don’t have to worry because you are not going to live that long right?

If you have unlimited free energy, you don’t have to have 1 million ASICs to launch a 51% attack. You would only need one giant ASIC. Yes. It will be expensive. But, the return on investment is much higher. Energy taken from a rock is not like other sources of energy. For example, to harness energy from the sun, you would need many solar panels. And the funniest thing is when someone launches the attack, you can’t do anything about it. You can only watch.

You are correct. PoS has a high risk of some party achieving monopoly of the currency. However, there are several methods to prevent that. For example, by allocating random stakeholders to agree on a new block, and others.

Thank you for welcoming me to the forum.

I don’t want to argue with you. I only want to discuss ideas, so that everyone can learn from our conversation. That is why it is called “Bitcoin Discussion”.

It may sound like a fairly tale for you and all the readers. But, all the brilliant ideas were once ridiculed. Few years back, if I told you, I can send sound through a wire or through the air, you would have laughed at me. But today, it is a reality.

If you only learn what is taught to you on a 6th grade physics book, you will never think outside the box. If a rock emits free, unlimited energy, harnessing that energy to mine bitcoin is a very practical idea. My idea could be complete b.s. After all, it is just a rock that has a carving on it that looks similar to modern day induction coils. If a rock emits energy, the first thing people think about doing is worshiping that rock. That is a fool’s mentality. No one thinks about harnessing energy from a rock to mine bitcoin.

If there is only one known flaw in the bitcoin code, that will be THE flaw that will be exploited one day. It will always be prone to exploitation.

Pyramids, this rock, and all the man built ancient structures are very advance structures that look so primitive. If I want to build something highly advance, I want it to be simple as possible.

Your idea of “build a Pyramid like the one in Giza at the North Magnetic Pole and fit it with mining gear, free electricity, and free cooling!”, could actually be a brilliant idea. You may say this as a joke, but if you consider the feasibility, the cost, it may actually work.

Nikola Tesla tried to do something similar. He almost gave free electricity to everyone. https://youtu.be/I1IDC8FEIBU

You’ve spent time writing a comment that ridiculed my idea. This only proves one thing to me. It proves that there’s a fragment in your mind that believes what I say makes sense. You know 51% attack will always be a threat and your natural reaction was to ridicule.

As Nikola Tesla once said
“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.”

Yes we have unlimited energy. We have the sun, the wind, the ocean, plants, atoms. These are all unlimited energy sources. However, harnessing energy from these sources is very expensive. The threat is not unlimited, free energy. The threat is if someone finds a way to utilize unlimited energy for very little cost. Look up Nikola Tesla - Limitless Energy

Magnetic fields can create electric fields. In fact, every time you change a magnetic field, you create an electric field. This is called Faraday's Law of Induction.

If someone discovers a free, unlimited energy source, launching a 51% attack would be just a matter of seconds. And that is exactly what has happened.

There is a sacred rock located in Ranmasu Uyana, Sri Lanka. You can check here:  https://en.m.wikipedia.org/wiki/Ranmasu_Uyana

This rock is said to have the oldest carving in the world. Older than the pyramids. What is interesting about this rock is that it emits energy. Precisely, unlimited, free energy. This place is referred to as a Stargate.

You can use an EMF detector and check the electromotive force emitted by this rock. An EMF detector is used to measure the electrical action produced by a non-electrical source.

EMF detector will show even very small changes in energies. And if you take an EMF detector and measure the electromotive force produced by this rock, you can see that the EMF meter's needle immediately goes all the way to the other side, which means, there is very high energy emitted from this rock. Potentially unlimited and free energy. You can check the video here: https://youtu.be/B-W-nQOQdq8

This rock is guarded by a fence to protect people from the energy it emits. EMF detectors usually only show up to 5 Milligauss, but this rock emits a much higher level of magnetic flux. Potentially unlimited. A Stargate in simplest terms is a gate to the stars. And there is an infinite number of stars in the ever expanding universe. This rock (star gate) emits energy. Precisely, unlimited, free energy.

With the right resources, anyone can easily utilize this unlimited energy to launch a 51% attack on the Bitcoin network. The cost of launching such attack would be incredibly low. The energy emitted from this rock can be easily converted to electrical energy with the right resources.

Discovering an unlimited energy source is a breakthrough. A breakthrough like that would have a lot of ramifications; not only to Bitcoin network but also to every human being on planet earth. But, my focus is only on Bitcoin.

If anyone properly utilizes unlimited, free energy, he/she can easily launch a 51% attack on all PoW coins with very little cost.

This sacred rock is just one way of tapping into unlimited energy. There are so many other inventions and discoveries that can generate unlimited energy for very little cost and resources. All these discoveries are hidden from the public by the powers that be. And this is the biggest threat to Bitcoin and other PoW coins.

The Solution

PoW is a failure. PoS is a better system. With Ethereum 2.0, Ethereum is slowing moving to PoS. The threat of someone having massive amount of electrical power is eliminated in a PoS system. As soon as the news breaks out, Bitcoin price will plummet. PoS and Ethereum 2.0 is the future.