News for hackers. Stuff that matters.

A comment on Ask HN: What will happen with BitCoin eventually. Parent comment

Re:Ask HN: What will happen with BitCoin eventually by dmitryame on Friday May 26, 2017 @10:03PM (#14428535)
How can you ban something that can not be banned by design?
[ Parent | on HN ]
Re:Ask HN: What will happen with BitCoin eventually by solomatov on Friday May 26, 2017 @11:02PM (#14428727)
You can read more about vulnerabilities here: https://en.bitcoin.it/wiki/Weaknesses
[ Parent | on HN ]
Re:Ask HN: What will happen with BitCoin eventually by solomatov on Friday May 26, 2017 @11:02PM (#14428725)
Powerful countries can easily perform 50% attack and decide which transactions get confirmed and which not. Effectively, this makes it possible to completely stop transactions on the network.
[ Parent | on HN ]
Re:Ask HN: What will happen with BitCoin eventually by dmitryame on Saturday May 27, 2017 @09:35AM (#14429993)
In theory, such an attack is possible, in practice -- very unlikely at this point given the number of miners out there. Here is what it was in 2015: http://www.zerohedge.com/news/2015-11-19/bitcoins-computing-... Today it's even higher than ever: https://news.bitcoin.com/why-bitcoin-is-close-to-a-record-br...
[ Parent | on HN ]