How To Manipulate Any Crypto

johnarb said:
Boom!!

It's built into the software code for checks and verification

You can run a node and open up the logs and you'll see your node banning specific IP's as it detects "bad" network information

This is at the heart of how Bitcoin revolutionized the world when it provided a solution to the Byzantine General's problem

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If you do not run a full node, you're relying on others to provide the truth to you which most of the time are ok, think Electrum wallets relying on public Electrum servers

This is one of the criticisms of the Ethereum network as hardly anyone runs a full node (including me) and when the Metamask wallet started blocking Russian transactions, they did so by blocking it on the Infuria server infrastructure and incorrectly blocked Venezuela for about a day

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Byzantine General's problem

https://bitcoin.org/bitcoin.pdf
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once again you and i keep opening nodes how will network know we are bad or good actors. We keep on opening good ones until we take over the network??? How will network know we are good guys????
 
RedDuke said:
once again you and i keep opening nodes how will network know we are bad or good actors. We keep on opening good ones until we take over the network??? How will network know we are good guys????
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I answered you twice. Please read them again

The Bitcoin Core software can identify dishonest nodes. It's built-in to the software as part of the design
 
Did we not understand that the point of the original post is that an organization with enough capital can do it? Why are we pointing to ourselves here? of course we don't have a billion to exploit the network, but some can.

And since they can, they could do it if they wanted to.
 
angrytrader said:
Did we not understand that point of the original post is that an organization with enough capital can do it? Why are we pointing to ourselves here? of course we don't have a billion to exploit the network, but some can.

And since they can, they could do it if they wanted to.
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  • Just to be clear, OP was talking about Bitcoin nodes

Now it's being mixed-up with Bitcoin mining 51% attack

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Look at how much Bitcoin mining power MARA, RIOT, HUT, and others and they plan to keep increasing their mining hash rate

There's not enough chips in the market and they have years of backlog on their Bitcoin hardware mining upgrades

It's not just about having the money $$$, it's about having the hardware availability. China has has been shutting down, so good luck sourcing your hardware from them

This entity has capability to produce chips? From what resources? Good luck

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Love how all the non-coiners took the first message to heart, with no research at all, bc it confirms what they want to be true (and will make them feel better about missing out)

It's so obvious

Keep praying guys. You didn't miss it, everybody else is just wrong. These are beanie babies never forget .... we will be vindicated one day!
 
angrytrader said:
Did we not understand that the point of the original post is that an organization with enough capital can do it? Why are we pointing to ourselves here? of course we don't have a billion to exploit the network, but some can.

And since they can, they could do it if they wanted to.
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Yeah man, as if people in power who are against Bitcoin haven't already thought of this. If you want this idea to get into better hands then why not call the New York state attorney general? Wouldn't that be of better assistance?

Posting this on a public internet forum isn't going to get you anywhere. But nice try.
 
angrytrader said:
Did we not understand that the point of the original post is that an organization with enough capital can do it? Why are we pointing to ourselves here? of course we don't have a billion to exploit the network, but some can.

And since they can, they could do it if they wanted to.
More...
There is no rationale in disucussion with them.
It's like saying to an alcoholic that drinking is bad.

BitCoin fans will provide vague, non related answers or will start insulting. The previous posts in the thread, only proves that.

I am thinking about starting a domain, to collect info like this. All of the disadvantages of crypto. Ways of manipulation etc.

Then sharing it with some youtubers.

Crypto community, would, love it.

Ratpoison.org or smthn.


Edit :
just found out -

IMG_20220503_003227.jpg
 
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