3 ms·
"Ghash.io accounted for roughly 48% of the bitcoin network’s total hashing power" As time goes on, >51% control over hashing power becomes inevitable due to sp
by sillysaurus3 12y ago
"Ghash.io accounted for roughly 48% of the bitcoin network’s total hashing power"
As time goes on, >51% control over hashing power becomes inevitable due to specialization of technology.
By the way, http://www.reddit.com/r/Bitcoin/ http://www.reddit.com/r/Bitcoin/ is going completely nuts right now over this. The frontpage has about a dozen selfposts of people freaking out about a 51% attack.
- wmf 12y agoAs time goes on, >51% control over hashing power becomes inevitable due to specialization of technology. Why? Which technology?