Of course he's never going to admit it, but I bet he's kicking himself he even started this now.
So come on BCX, what's the total bill gonna be for all those EC2 instants you've rented?
Topic: deleted (Read 2626 times)
Was Coinhunter simply ahead of his time and correct all along?
What happened to you?
If this is some kind of stress related breakdown you might try taking a holiday.
My goal isn't to destroy Litecoin,
My goal has been clear from the start, to perform a successful 51% attack and nothing more.
My goal has been clear from the start, to perform a successful 51% attack and nothing more.
Do I detect our little friend is starting to have second thoughts?
You won't worm your way out of this one.
The sugar daddy would also have to dump the coins mined to keep the price below the point where it would be worthwhile to do a 51% attack.
Why would it ever be worthwhile to 51% a network. Is there some money to be made I am unaware of?
Transfer your coin to an exchange and convert it into dollars. Take your dollars spend them on hookers and beer. Replace the part of the chain that contains your transfer with your version of the blockchain that does not. Rinse and repeat.
https://en.bitcoin.it/wiki/Attacks#Attacker_has_a_lot_of_computing_power
And how do they know I submitted the false blockchain? Unless I am BCX and announce my intentions, nobody knows I am the one with the secret hash power.
All I did was accept BTC transfers from a third party and converted them to dollars. Half of the transactions look exactly the same as mine do.
They all got rolled back, so which transactions belong to the bad guy? It's not my fault the exchange lost their BTC.
My point precisely. There is no spoon. Only forks.
I'm guessing the attack is being called off?
You're guess iswrong. I said Friday/Saturday (PST) is when I will merge the forks.
Be patient, everything is on time according to my original time schedule. It all depends on the timing of my "associates".
But back on topic, it certainly appears as if Coinhunter was right about the need for 51% protection being built in.
~BCX~
I'd like to see merging spoons.....ooooooh!
always remember, spooning leads to forking.
The sugar daddy would also have to dump the coins mined to keep the price below the point where it would be worthwhile to do a 51% attack.
Why would it ever be worthwhile to 51% a network. Is there some money to be made I am unaware of?
Transfer your coin to an exchange and convert it into dollars. Take your dollars spend them on hookers and beer. Replace the part of the chain that contains your transfer with your version of the blockchain that does not. Rinse and repeat.
https://en.bitcoin.it/wiki/Attacks#Attacker_has_a_lot_of_computing_power
And how do they know I submitted the false blockchain? Unless I am BCX and announce my intentions, nobody knows I am the one with the secret hash power.
All I did was accept BTC transfers from a third party and converted them to dollars. Half of the transactions look exactly the same as mine do.
They all got rolled back, so which transactions belong to the bad guy? It's not my fault the exchange lost their BTC.
The sugar daddy would also have to dump the coins mined to keep the price below the point where it would be worthwhile to do a 51% attack.
Why would it ever be worthwhile to 51% a network. Is there some money to be made I am unaware of?
Transfer your coin to an exchange and convert it into dollars. Take your dollars spend them on hookers and beer. Replace the part of the chain that contains your transfer with your version of the blockchain that does not. Rinse and repeat.
https://en.bitcoin.it/wiki/Attacks#Attacker_has_a_lot_of_computing_power
And how do they know I submitted the false blockchain? Unless I am BCX and announce my intentions, nobody knows I am the one with the secret hash power.
All I did was accept BTC transfers from a third party and converted them to dollars. Half of the transactions look exactly the same as mine do.
They all got rolled back, so which transactions belong to the bad guy? It's not my fault the exchange lost their BTC.
The sugar daddy would also have to dump the coins mined to keep the price below the point where it would be worthwhile to do a 51% attack.
Why would it ever be worthwhile to 51% a network. Is there some money to be made I am unaware of?
Transfer your coin to an exchange and convert it into dollars. Take your dollars spend them on hookers and beer. Replace the part of the chain that contains your transfer with your version of the blockchain that does not. Rinse and repeat.
https://en.bitcoin.it/wiki/Attacks#Attacker_has_a_lot_of_computing_power
My goal isn't to destroy Litecoin,
My goal has been clear from the start, to perform a successful 51% attack and nothing more.
My goal has been clear from the start, to perform a successful 51% attack and nothing more.
QUIT WITH THE BACK PEDDLING.....
The attack will last for several days and after a couple of resets, I intend to drive the difficulty to all time highs, then simply quit. NMC hell all over again.
No coin that has been 51% attacked has ever recovered it confidence level.
~BCX~
No coin that has been 51% attacked has ever recovered it confidence level.
~BCX~
I guess an attempt to destroy confidence is not the same as an attempt to simply destroy..... YOU FUCKING TOOLBOX.
You have earned the name BlowHardEXpress....
Can you honestly not even keep your own posts straight ? or do you have too many sock puppet accounts under your control, that seem to be causing confusion for you ?
Bottom line is this people,
When I successfully 51% LTC, regardless if you reset it or not.
Confidence will be broken, LTC will be dead.
So I suggest you all start solo mining in vain so I can laugh that much harder.
~BCX~
When I successfully 51% LTC, regardless if you reset it or not.
Confidence will be broken, LTC will be dead.
So I suggest you all start solo mining in vain so I can laugh that much harder.
~BCX~
The sugar daddy would also have to dump the coins mined to keep the price below the point where it would be worthwhile to do a 51% attack.
Why would it ever be worthwhile to 51% a network. Is there some money to be made I am unaware of?
Transfer your coin to an exchange and convert it into dollars. Take your dollars spend them on hookers and beer. Replace the part of the chain that contains your transfer with your version of the blockchain that does not. Rinse and repeat.
https://en.bitcoin.it/wiki/Attacks#Attacker_has_a_lot_of_computing_power
The sugar daddy would also have to dump the coins mined to keep the price below the point where it would be worthwhile to do a 51% attack.
Why would it ever be worthwhile to 51% a network. Is there some money to be made I am unaware of?
Isn't it enough to just agree on one node to trust? If you then detect a fork, either stop processing and raise an alarm or go with the trusted node.
The one thing all of this has done so far is really expose the vulnerability of LTC and alt chains to 51% attacks. In it's current form, LTC will never be secure as this will always be a possibility. No security equals no future.
Even Bitcoin itself is vulnerable. I am seeing multiple comments about how LTC needs 51% protection by validating transactions from the authentic chain only. They're being called, drumroll.... "trust nodes. LTC Trustnodes...has a familiar ring.
I have ran into the concept before of a node having the only purpose of authenticating transactions to stop 51% attacks.
Was Coinhunter simply ahead of his time and correct all along?
~BCX~
Nice back peddle...RETARD.
NOW, get your pathetic shit together and get this party started.
You already missed out on a free pair of deluxe Fake Tities, at my expense.
https://bitcointalksearch.org/topic/open-challenge-to-blowhardexpress-2500-btc-95903
I applaud you for being such a credit to this community and know that until YOU either QUIT or OPEN A NEW ACCOUNT, I will put you do here under as much scrutiny as possible and show you what a war of attrition is really all about.
....Fucking Blow Hard.
If that's your goal BCX, then why don't you use your resources to put up a bounty for proof-of-stake (or similar) instead? Why try to destroy something?
My goal isn't to destroy Litecoin,
My goal has been clear from the start, to perform a successful 51% attack and nothing more.
If the users of bitcoin did not like the chain lock-ins from bitcoin/bitcoin.git, then it is trivial to ignore or compile-out those updates. Users vote by choosing the client they use to store their funds. They vote on chain rules, checkpoints, and any number of other technical details.
A block chain is ultimately a community consensus.
A block chain is ultimately a community consensus.
Which involves a double spend...that's the whole point of a 51% attack....
Someone is going to lose some BTC/USD....
Someone is going to lose some BTC/USD....
You don't have to double spend if you don't want to. You can just run off with your extended lower difficulty chain and invalidate all the mined blocks/transactions in those blocks on the original chain.
You can keep an eye on whether or not the chain has been forked by looking at the debug.log file -- you'll see it as "REORGANIZE" there.
Oh...wow i learned something else. Thanks tacotime.
Which involves a double spend...that's the whole point of a 51% attack....
Someone is going to lose some BTC/USD....
Someone is going to lose some BTC/USD....
You don't have to double spend if you don't want to. You can just run off with your extended lower difficulty chain and invalidate all the mined blocks/transactions in those blocks on the original chain.
You can keep an eye on whether or not the chain has been forked by looking at the debug.log file -- you'll see it as "REORGANIZE" there.
If that's your goal BCX, then why don't you use your resources to put up a bounty for proof-of-stake (or similar) instead? Why try to destroy something?
My goal isn't to destroy Litecoin,
My goal has been clear from the start, to perform a successful 51% attack and nothing more.
Which involves a double spend...that's the whole point of a 51% attack....
Someone is going to lose some BTC/USD....
If that's your goal BCX, then why don't you use your resources to put up a bounty for proof-of-stake (or similar) instead? Why try to destroy something?
I'm guessing the attack is being called off?
You're guess iswrong. I said Friday/Saturday (PST) is when I will merge the forks.
Be patient, everything is on time according to my original time schedule. It all depends on the timing of my "associates".
But back on topic, it certainly appears as if Coinhunter was right about the need for 51% protection being built in.
~BCX~
Yes, more like this. You're doing a good job.
I'm guessing the attack is being called off?
You're guess iswrong. I said Friday/Saturday (PST) is when I will merge the forks.
Be patient, everything is on time according to my original time schedule. It all depends on the timing of my "associates".
But back on topic, it certainly appears as if Coinhunter was right about the need for 51% protection being built in.
~BCX~
I'd like to see merging spoons.....ooooooh!
Jump to: