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1. Buy millions of alt crypto coins (e.g., PPC which is less vulnerable to 51 attack), 2. destroy BTC by getting 51% control of hash pool, 3. profit.
by blazespin 13y ago
1. Buy millions of alt crypto coins (e.g., PPC which is less vulnerable to 51 attack),
2. destroy BTC by getting 51% control of hash pool,
3. profit.
- darkFunction 13y agoWhat?
- bigdubs 13y agoi think what is implied there is a potential plan to make tons of money by destroying bitcoin in favor of an alternative coin you've heavily invested in.
- gcp 13y agoAltcoin value is very closely linked to BTC value. Most (all?) altcoins are vulnerable to 51% attacks, so killing bitcoin would leave little hope of leaving value left in the altcoins.