I think any involvement in it is nonsensical and nobody should entertain any of these ideas for a moment.
- d. On Fri, 2 Nov 2018 at 16:42, James Salsman <jsals...@gmail.com> wrote: > > David, what if the Foundation converted their next largest bitcoin > donation over some set amount to foldingcoin, and then cash in a press > event designed to educate cryptocurrency enthusiasts that they don't > have to be as destructive, strictly as a principled stance against > bitcoin's waste of electricity? I'd love to get a sense of your idea > of the potential drawbacks. > > Best regards, > Jim > > > On Fri, Nov 2, 2018 at 1:49 AM David Gerard <dger...@gmail.com> wrote: > > > > 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 <fatherofl...@dr.com> 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 <gerard.meijs...@gmail.com> > > > > 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 <raro...@gmail.com> 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 <jsals...@gmail.com> > > > >>> 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 <jsals...@gmail.com> > > > >> 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: Wikimedia-l@lists.wikimedia.org > > > >>> Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > > > >>> <mailto:wikimedia-l-requ...@lists.wikimedia.org?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: Wikimedia-l@lists.wikimedia.org > > > >> Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > > > >> <mailto:wikimedia-l-requ...@lists.wikimedia.org?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: Wikimedia-l@lists.wikimedia.org > > > > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > > > > <mailto:wikimedia-l-requ...@lists.wikimedia.org?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: Wikimedia-l@lists.wikimedia.org > > > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > > > <mailto:wikimedia-l-requ...@lists.wikimedia.org?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: Wikimedia-l@lists.wikimedia.org > > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > > <mailto:wikimedia-l-requ...@lists.wikimedia.org?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: Wikimedia-l@lists.wikimedia.org > Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, > <mailto:wikimedia-l-requ...@lists.wikimedia.org?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: Wikimedia-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>
