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overthrow | 2 years ago

Petro is an attempt at embrace-extend-extinguish. If that "Reception" section is to be believed, nobody is using it willingly. Do you have evidence to the contrary?

Look under "NiceHash-able", if the number is less than 100% it means (to an approximation) not enough idle hardware exists on the planet to perform an attack. This means any attack must start with a manufacturing project that must stay secret for a decade+, then outpace growth and eventually surpass the capacity of the private sector. And then you need the energy to actually run the chips - no country would ever consider diverting that much energy away from their population.

If it were possible to compromise a $xxx billion dollar system, with only $x million, don't you think it would have been done by now? Maybe even by some bored billionaire just for fun?

And trust me, I don't think posting in a dead HN thread will speed up or slow down crypto's success in any way, lmao. I just enjoy the banter.

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mjburgess|2 years ago

States can afford billions. A 5bn attack is cheap.

Also, all these "market cap" numbers are made up. These are heavily manipulated markets. There are about 100k users, and almost no buyers -- this stuff is trivial to bring down.

It's a scam.

overthrow|2 years ago

This message is devoid of evidence lol

Look how hard some governments have tried to stop this movement, and none have succeeded. That's real life evidence that they simply aren't capable.

I think this cloud will outlast the old men yelling at it.

Also: I hope one day someone calls my company a failure because it "only" has hundreds of thousands of users