/biz/ - Business & Finance

>>58344565
The simple fact that it's Apu and there is a billion Apu memes is perfect. Most coins have to force half-assed OC meme pics.

>>57605181
Yeah. I don't think it is capable on any half competent network. Do you honestly think that anybody can simply write a check for half the staked eth market cap, buy it, and then turn it into trillions of dollars? Be fucking rational retard. There is no scenario at all where anybody with that much money can do this without driving the price MASSIVELY higher. I don't even need to go into various other safety protocols that exist in eth and others because if you can't grasp that then you failed econ 101 and have no business lecturing anybody on how secure pos vs pow is. There is absolutely no incentive to do that. Because even if you launched your mythical attack and somehow managed to do that, you'd NEVER in a million years be able to sell anything. PS you actually need to control 66%, not 51%. And you can't just wake up press your attack button and be rich. Hell, Avax I think requires more like 80%. And validators are empowered to be smarter under most modern pos can omit bad actors and use the mechanisms in place to get them to fuck off. Soft or hard fork, whatever.

Meanwhile, POW has been shown to be susceptible to 51% attacks and the only response is "well those don't count." Yeah, ETC and BSV have both suffered MULTIPLE attacks under POW. Because the network was small and electricity is cheap in some parts of the world. You can rent the equipment you need to attack POW networks. This bit about the government can't attack it is TOTAL fucking hogwash and probably the dumbest shit I think I've ever read from brain damaged maxis >>57605250 at one point in time, China controlled well more than 51% of the hash rate. Why on gods green earth would you think that a 51% attack wasn't possible knowing that one of the most corrupt governments in the world wouldn't be capable of taking over that power? In the grand scheme of things, this is PROBABLY not anymore likely on BTC than it is on ETH, but you're in fucking lala land. ->