Topic: ASIC as a 51% "weapon"... Mmmm... I don't think so... - page 2. (Read 3153 times)
Hi!
First of all, I'm sorry for another thread about ASIC... Please, lock this thread if it is useless...
A lots of people seems to be terrified with the idea of some bad guys (i.e. bank cartels and/or governments (FED)), develop and build a ASIC to take over the Bitcoin network... But, I don't think they will do something like that, never...
Simple, because there is the Litecoin! And the ASIC build for Bitcoin is useless for Litecoin... So, will they build a ASIC for each cryptocurrency out there?! I don't think so... So, they will build none!
Bu, if the Bitcoin Network becomes unsafe, we can move quickly to another CryptoCurrency... Because if that happens, the ASIC guys with 51% of power will not allow a protocol change within Bitcoin itself... So, we can move to Litecoin...
Sounds logical?!
Cheers!
Thiago
First of all, I'm sorry for another thread about ASIC... Please, lock this thread if it is useless...
A lots of people seems to be terrified with the idea of some bad guys (i.e. bank cartels and/or governments (FED)), develop and build a ASIC to take over the Bitcoin network... But, I don't think they will do something like that, never...
Simple, because there is the Litecoin! And the ASIC build for Bitcoin is useless for Litecoin... So, will they build a ASIC for each cryptocurrency out there?! I don't think so... So, they will build none!
Bu, if the Bitcoin Network becomes unsafe, we can move quickly to another CryptoCurrency... Because if that happens, the ASIC guys with 51% of power will not allow a protocol change within Bitcoin itself... So, we can move to Litecoin...
Sounds logical?!
Cheers!
Thiago
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