bitcoingold hit with 51% attack, hackers gain 388,200 BTG. south africa kidnapping, ai based youtube explainer gets everything wrong.
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Well, after Verge experienced the same attack twice, I guess I couldn't expect BTG to do any better. They need to put some failsafe in place to minimize the risk. I'm not gonna pretend I'm an expert on that sort of thing but the fact that this kind of stuff is not a common phenomenon but has happened twice on Verge is an indication that they're doing something wrong over there.
I'm not saying that this can't happen to other coins but the most popular coins that gather the most attention should be better than this. As for Verge, the developers of which are claiming that it's a privacy coin, I find the fact that they didn't learn their lesson the first time really disheartening. I like privacy coins, I've filled my portfolio with Zcash, PIVX and DeepOnion, and I always look for new privacy coins, so I want people to take them seriously. Verge has become sort of a laughingstock lately.
Hey man can I ask you how you get the picture and picture in videos? Like what software are you using? I can't seem to find what I need because I don't know what to call it really. I just want to make videos with the browser in the background like you and the video recorder in the corner.
Ummm I need to correct you on that kidnapping, the kidnappers asked for 15BCH thinking that BCH is Bitcoin.
Because they receive a " FREE Bitcoin (BCH)" from Roger Ver a day before the kidnapping.
Poor bastards, even if you send BTC to them they're not going to receive anything.
Because they have a BCH wallet. Thanks to Roger V again.
Sadly asics exist and they have so much more hash power / watt... Keep them away and unless you can -guarantee_ they can't ever mine the algorithm it's just easier to attack a network with them. Although that's my big bitmain fear, they "own" most of the hash power by creating the hardware.... If they turned all their sha256 devices against bitcoin through a botnet (under their command or not) they could EEEEEFFFFFFFFF IT UP. Scary!
The way someone would acquire 51% on BTG isnt ASICs but more likely someone just buying it on nicehash. This is actually an argument for ASICs as someone investing large sums of money would never risk turning his machines into pricey heaters when the coin fails - bitmain included. Buying hashrate on nicehash however - risks just the immediate investment, and as we can see it pays off. Furthermore there isnt really much developers can do to "fix" this, since this is how blockchain itself works - if there is a 51% consensus, blocks get orphaned... and it really is up to exchanges and other people dealing with large transactions to secure themselves if someone tries to reverse those same transactions. Unless of course we want to decentralize the network, make some sort of FED that will take care of it and forget about 51% :)
If I had to choose I would have far more faith in BTG devs than XVG in regards to closing this exploit!
VTC could be vulnerable to with a 51% attack, but they are aware with fixing the issue & vigilant.
The guy next to ashton is the manager for some small rockband... u2... madonna... And good news, arrested development is comming back !!! season five starts may 29 !!
And if you have netflix..check out the series called "happy"... most wierd thing this year..
hmm maybe man. wasnt quite ritchie though. deep purple and rainbow are great, but that 6.66 was real evolved metal. ronnie james dio sung about holy divers and rainbows in the dark and shit bra. good stuff, but on different level.
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