I just read this blog post today. Amazing feat that shows how much @coinbase cares about security and trust for their customers.
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If the cost to attack the network is low enough, which in PoW comes down to the cost to RENT more hardware than currently mining 50%, then someone will exploit it...the more chains the easier it becomes because avail power is split. Solution is check-pointing / block finality.
End of conversation
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PoW is outdated and dead.
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So I hope you guys never consider to add Bitcoin SV, take out Etc and add more secure coins like Ada, Xrp, Vet, Neo...
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Like all markets, as crypto matures it will become at least semi-winner take all.
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Can't my
#BitcoinSV at#Coinbase where are they? Can't find my#privateKeys at#Coinbase where are they.@ProfFaustusThanks. Twitter will use this to make your timeline better. UndoUndo
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... or multiple utility, chains working with different protocols, like PoS.
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Also it's a 7 block reorg on a chain that has blocktimes of a few seconds? Who's even that fucking crazy to accept as a deposit.... They as always tuen theit incompetence into PR bullshit.
End of conversation
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