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I suspect if this happened, there would be some kind of "hard fork" that would let the status quo keep going. Otherwise I definitely support the sentiment of t
by version_five 5y ago
I suspect if this happened, there would be some kind of "hard fork" that would let the status quo keep going.
Otherwise I definitely support the sentiment of trying to destroy it, and maybe ongoing attacks like what you propose would help burst the current bubble.
From a tech standpoint, I think all the mining now is done with asics that are orders of magnitude faster at hashing than any general purpose hardware. So I don't know how feasible it is for groups that are not bought into bitcoin to launch such an attack.