Vitalik escalates ETH 2.0 merge as miners plan a 51% attack

Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack by dsco on Saturday March 13, 2021 @03:00AM (#26444882)

JavaScript powers much of the Internet today, and PHP too. When evaluating the effect of any given system or protocol - do you only analyze the design of its language - or its outcome?

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Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack by keymone on Saturday March 13, 2021 @03:08AM (#26444916)

Cool, I just don’t want it to power any of my financial future.

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Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack by dsco on Saturday March 13, 2021 @07:44AM (#26446188)

You don't have to, that's the beauty of having a choice.

Now that HN knows that you're so opinionated about the tech stack of your bank - can you detail down what type of infrastructure your current bank has, and why it's so good? Or is that just something you assume since you basically have zero knowledge about what traditional finance uses as back-ends?

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Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack by gruez on Saturday March 13, 2021 @10:18AM (#26447109)

>can you detail down what type of infrastructure your current bank has, and why it's so good? Or is that just something you assume since you basically have zero knowledge about what traditional finance uses as back-ends?

It doesn't really matter what backend my bank uses because there's regulatory backstops (eg. FDIC) to protect me if something goes wrong. The same can't be said for crytpo.

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Re:Vitalik escalates ETH 2.0 merge as miners plan a 51% attack by keymone on Saturday March 13, 2021 @07:59AM (#26446253)

I know a lot about it which is why I trust simple and stable systems like bitcoin. Banks are archaic, ethereum is Wild West with script kiddies “building” the future, bitcoin is just right for me.

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