worth noting again that in my (I am paid to have these opinions now) professional opinion, nothing about cryptocurrencies is good or useful, and WMF's involvement should proceed precisely as far as taking donations at arm's length (never touching an actual cryptocurrency). And documenting the phenomenon accurately on the wikis.
yet again, anyone reading this list is welcome to read my book for free! (Got good reviews in NYRB and BBC News) http://libgen.io/book/index.php?md5=41A766EE9752E757169A46C936C2EC17 there you go, an *official* bootleg copy. - d. On Fri, 2 Nov 2018 at 05:54, Father Of Lies <[email protected]> wrote: > > That is a complete useless responds. Bitcoin, Litecoin and all are no > piramide games. > > Sent from my iPhone > > > On 1 Nov 2018, at 11:57, Gerard Meijssen <[email protected]> wrote: > > > > Hoi, > > Bitcoin and its ilk rely on an overabundance of energy. In this day and age > > the speculation of these "currencies" is irresponsible. The best attack on > > this pyramide game is to stay away from it. > > Thanks, > > GerardM > > > > On Thu, 1 Nov 2018 at 10:38, Robert Rohde <[email protected]> wrote: > > > >>> What is a 51% attack? > >> > >> A 51% attack is when a single malicious entity controls >51% of the > >> computing power being used to validate the blockchain of a particular > >> digital currency. Blockchain-based digital currencies rely on a consensus > >> of computing participants acting in good faith to verify transactions and > >> coin ownership. However, if a single entity controls a majority of the > >> compute power, then it is possible for them to maliciously validate bad > >> transactions to steal, double spend, and otherwise commit fraud using the > >> currency. > >> > >> Smaller digital currencies, with fewer participants acting to maintain > >> their blockchain, are generally more vulnerable to this kind of attack. A > >> bad actor can rent a large block of computing power and then use it to > >> attack a small blockchain. Such attacks have been becoming more common, > >> though the largest coins (e.g. BTC) are still resistant due to the size of > >> their community. > >> https://www.coindesk.com/blockchains-feared-51-attack-now-becoming-regular/ > >> > >> I don't know anything about FoldingCoin and whether it is more or less > >> vulnerable to this kind of fraud than other cryptocurrencies. > >> > >> However, the 51% attack may just be the death of many smaller alt-coins, > >> unless an effective countermeasure can be developed. > >> > >> -Robert Rohde > >> > >>> On Thu, Nov 1, 2018 at 8:23 AM James Salsman <[email protected]> wrote: > >>> > >>> Geni, it's the "Day of the Dead" now so I want to attempt to resurrect > >>> this thread. > >>> > >>> Is FoldingCoin still vulnerable to a 51% attack? What is a 51% attack? > >>> > >>> Do you think it is reasonable for the Foundation to convert bitcoin to > >>> FoldingCoin as part of its program to source clean electricity? > >>> > >>> Best regards, > >>> Jim > >>> > >>> > >>> On Fri, Apr 13, 2018 at 7:21 AM James Salsman <[email protected]> > >> wrote: > >>>> > >>>>> Cryptocurrency. If your first thought isn't "how could a scammer > >>>>> exploit this" you are doing it wrong. > >>>> > >>>> I've thought about that for several hours now, and I'm sure scammers > >>>> far prefer bitcoin. Folding@Home's lab director is a partner > >>>> Andreessen Horowitz, so he has certainly had no lack of resources to > >>>> defend against the possibility, and I am persuaded that the Indiana > >>>> nonprofit behind FLDC is sincere and acting in good faith at present. > >>>> If the Foundation is hesitant, they might sponsor an audit of either > >>>> or both, but the Folding@Home project is so established that its > >>>> article is featured on enwiki. > >>>> > >>>> I have no financial interest in any cryptocurrency, and I never have, > >>>> and I don't have a familial interest with anyone who I am aware has > >>>> any either. > >>>> > >>>> Best regards, > >>>> Jim > >>> > >>> _______________________________________________ > >>> Wikimedia-l mailing list, guidelines at: > >>> https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and > >>> https://meta.wikimedia.org/wiki/Wikimedia-l > >>> New messages to: [email protected] > >>> Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > >>> <mailto:[email protected]?subject=unsubscribe> > >> _______________________________________________ > >> Wikimedia-l mailing list, guidelines at: > >> https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and > >> https://meta.wikimedia.org/wiki/Wikimedia-l > >> New messages to: [email protected] > >> Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > >> <mailto:[email protected]?subject=unsubscribe> > > _______________________________________________ > > Wikimedia-l mailing list, guidelines at: > > https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and > > https://meta.wikimedia.org/wiki/Wikimedia-l > > New messages to: [email protected] > > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > > <mailto:[email protected]?subject=unsubscribe> > > > _______________________________________________ > Wikimedia-l mailing list, guidelines at: > https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and > https://meta.wikimedia.org/wiki/Wikimedia-l > New messages to: [email protected] > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > <mailto:[email protected]?subject=unsubscribe> _______________________________________________ Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines and https://meta.wikimedia.org/wiki/Wikimedia-l New messages to: [email protected] Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:[email protected]?subject=unsubscribe>
