Having fun with Bitcoin
Well, the concept of a cryptocurrency is relatively sound. I'd like to see one where early adopters aren't the "elite"
, Jun 18 2014 on facebook.com
Sure, but you saw that Bitcoin is now 51% owned by a single entity?
, Jun 18 2014 on facebook.com
Yes, which is a critical failing IMO...
, Jun 18 2014 on facebook.com
It is way better than any other central bank and any mining op can displace them potentially.
, Jun 18 2014 on facebook.com
That's not totally true. Ghash is a pool and not every server is in the hands of the entity directly. It is an issue that needs attention though and it can be engineered. They are back below 50%.
, Jun 18 2014 on facebook.com
It would be suicide for them to misbehave and if they do the people contributing to their pool will immediately leave. They made a public statement
, Jun 18 2014 on facebook.com
Now, if someone would only invent a non-compromised v2..
Ben Werdmüller, Jun 18 2014 on facebook.com