If you didn't buy Bitcoin at $40,000...

[Castle2.0]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

“ 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?

It means the poster (likely Botten - only person blocked whose content I can't see) is an idiot.

A couple of things to note:

• Go calculate how much hardware, infrastructure and electric you need to 'attack' the network. Do basic financial math and realize you make way more playing by the rules.
• You need more than 51%. If you aren't consistently winning blocks, it fails. Any block you get behind, especially early on, makes it exponentially difficult to come back and have the longest chain. I think the true number is 70-80%+.
• If you do manage this infeasible attack. You can't spend other people's coins. You can't reverse the previous blocks unless you want to spend your time, energy, hardware doing that, but then you lost the longest chain and it's game over anyway and any 'reversals' mean nothing because you're not the longest chain any more.
• People realize there is a bad actor, ignore their chain and keep building on the main chain.

Looks like Botten got just enough rope to hang himself. Go get educated on crypto, fool.

Bitcoin halving in 107 days.

Buckle up.

[Patriam1066]

Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]

It means the poster (likely Botten - only person blocked whose content I can't see) is an idiot.

A couple of things to note:

• Go calculate how much hardware, infrastructure and electric you need to 'attack' the network. Do basic financial math and realize you make way more playing by the rules.
• You need more than 51%. If you aren't consistently winning blocks, it fails. Any block you get behind, especially early on, makes it exponentially difficult to come back and have the longest chain. I think the true number is 70-80%+.
• If you do manage this infeasible attack. You can't spend other people's coins. You can't reverse the previous blocks unless you want to spend your time, energy, hardware doing that, but then you lost the longest chain and it's game over anyway and any 'reversals' mean nothing because you're not the longest chain any more.
• People realize there is a bad actor, ignore their chain and keep building on the main chain.

Looks like Botten got just enough rope to hang himself. Go get educated on crypto, fool.

Bitcoin halving in 107 days.

Buckle up.

Yeah it was Botten, I didn’t want to quote him because he typed a novel and backspacing would’ve taken at least 20 seconds

[Botten]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Yeah it was Botten, I didn’t want to quote him because he typed a novel and backspacing would’ve taken at least 20 seconds

It is important to know two things.

1. Castle 2.0 ignores anyone he doesn't agree with this has happened in the past.

Example one: https://www.project1999.com/forums/s...re#post3529342

Example two: https://www.project1999.com/forums/s...re#post3462666

Example Three... Four... etc
https://www.project1999.com/forums/s...re#post3462346

ShucklesLuckle
Greendog
Whale_biologist
magretarss
Tunabros
etc

2. He has a second account Zati to read those he ignores - [You must be logged in to view images. Log in or Register.]

And has been wrong about Patriam1066 [You must be logged in to view images. Log in or Register.]

https://www.project1999.com/forums/s...postcount=1962

https://www.project1999.com/forums/s...postcount=1964

[Duik]

I am the Halvinger Of Doooooom!

[Castle2.0]

I should unblock Botten. The quoted comments I do see are quite hilarious.

It's 2001. Botten asks, "How long can Google dodge Moore's law?! Those them there processing units are getting so powerful every year. Google is only dual cores in them there servers, dur. In 20 years, it's gonna be some mega power processing pieces running amok maybe 128 cores each. Do they even has a plan?"

[Castle2.0]

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[aussenseiter]

Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]

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[Castle2.0]

Originally Posted by aussenseiter [You must be logged in to view images. Log in or Register.]

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[aussenseiter]

Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]

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[zati]

^ Hell yeah. I'm still buying the mini dips 2024-2025 is gonna be fucking wild. ETF lets GO