7 ms·
It should have died long time ago. I never bought because I see it too fragile. To be honest, I don't understand its resilience, there's just too many fault poi
by pestatije 6y ago
It should have died long time ago. I never bought because I see it too fragile. To be honest, I don't understand its resilience, there's just too many fault points and still none has blown up so far.
- fsflover 6y agoWould you mind sharing which fault points you mean? I can't think of any.
- pestatije 6y agoLegislation (see Turkey's crackdown), the 50% consensus, branching into oblivion, increasing transaction ack times, mining resources(I mean, at some point they'll be told "no, you cannot have power if it's for mining"), progress in decryption. Now imagine for a moment China decides to block its firewall, even for a few days, how does that leave the transaction ack network?
- capableweb 6y agoTo help understanding cryptocurrencies still working in a adversarial environment, it might help by looking at why torrents succeeded (and still succeed) in a adversarial environment as well, even without any monetary incentives.