|
|
|
|
#1
11-09-2023, 10:30 AM
|
|||
|
Each time a new CRYPTO system is invented by "some nerd" another nerd uncovers an exploit.
SQL injection. DLL exploits etc. Remember them? That may not be the exact attack vector but you get the idea. It is a fucking fact you idiots. Crypto ver1 YAY crypto! Busted no time after. Etc. Dont make me repeat myself... 99% of suckers will fall for da smart crypto fingy. The 1% will profit. The 99% will subsidize the top 1%. Sound familiar? But please, continue. | ||
|
|||
|
#6
12-29-2023, 10:49 AM
|
|||
|
Oh hi frens. Sorry you didn't buy at $40k or $14k or right now.
Up we go =)
__________________
| ||
|
|
|||
|
#7
12-29-2023, 11:47 AM
|
||||
|
Quote:
What Are The Disadvantages of Cryptocurrency? Investing in cryptocurrency might look appealing and profitable but investors should also consider a few downsides to it. Cryptocurrency claims to be an anonymous form of transaction, but they are actually pseudonymous which means they leave a digital trail that the Federal Bureau of Investigation can decode. So, thereÂ’s a possibility of interference from federal or government authorities to track the financial transactions of normal people. On a blockchain, there is a constant risk of a 51% attack which means It is a situation when a miner or group of them gets more than 50% of the networkÂ’s mining hash rate control. While in control, an ill-natured group can reverse the transaction that is completed, pause the transaction in process, double spend coins, prevent new transactions from getting validation and much more. Nevertheless, this attack is only a risk to recently hard-forked networks and new blockchains. The majority of blockchains work on the proof-of-work consensus mechanism. Network participants are required to use powerful ASIC computers and the right hash to make a block added to the network. Due to this, there is excessive power consumption and countries are taking majors to lower its impact on the environment. The lack of key policies related to transactions serves as a major drawback of cryptocurrencies. The no refund or cancellation policy can be considered the default stance for transactions wrongly made across crypto wallets and each crypto stock exchange or app has its own rules. Ponzy schemes only work if you can bring in customers. On run only few get some sort of fiat. Ponzies with not a lot of regulations have very little real cash on hand. Transferring to another crypto does not allow big exchanges and takes their share. We have seen it before when the economy crashes suddenly these cryptos drop in value hard with little room to cash out to save yourself; with limits to cash out. They aren't an investment, any company can stop providing cash for them and invest in safer ways. Joyful until often big organizations making profit off the small investors manipulate this cypto back down to an abysmal value - causing its participators to send out more feelers to invest - to prop up their loses. | |||
|
|
||||
|
#9
12-29-2023, 03:58 PM
|
|||
|
Crypto is a CIA OP
| ||
|
|
|||
|
#10
12-29-2023, 04:15 PM
|
|||
|
“ On a blockchain, there is a constant risk of a 51% attack which means It is a situation when a miner or group of them gets more than 50% of the networkÂ’s mining hash rate control. While in control, an ill-natured group can reverse the transaction that is completed, pause the transaction in process, double spend coins, prevent new transactions from getting validation and much more. Nevertheless, this attack is only a risk to recently hard-forked networks and new blockchains.”
What does this part mean?
__________________
God Bless Texas
Free Iran | ||
|
|
|||
 |
|
|
Hybrid Mode
