> Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose Millions
> A malicious miner successfully executed a double spend attack on the Bitcoin Gold network last week, making BTG at least the third altcoin to succumb to a network attack during that timespan.
ccn.com
IT'S FUCKING HAPPENING!!!
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Lol I completely forgot about this piece of shit.
>Bitcoin Gold
pfft
the shittiest coin out there
Good. Shitcoins need to be purged
I honestly believe this was probably why Bitcoin Gold was made in the first place.
Daily reminder that exactly the same thing could (and probably will) happen to Bitcoin Cash.
It's always about hashing power.
does bitcoin gold have the same structure as litecoin?
>miners would crash the currency they themselves wanted in the first place
ok brainlet
>hurrr what is "shorting"?
The majority of hash power from miners favors BCH.
>thanks for the free money
shouldn't of fucked with satoshi
No kidding. Literally the only guy I would not want to piss off in all of crypto.
nah it happens to shitcoins with gpu mining, where someone has a shit load secret asics. zcash pump was perfect timing, it drove all equihash miners to zcash chasing its higher profitability and leaving bitcoin gold vulnerable with low hashrate. with bch its sha256 so its more level playing field, everyone has asics
Wasn't Bitcoin Gold created to avoid centralization by ASICs?
Rofl how did that work out?
Ltc is ASIC minable which makes it less prone to these kinds of attacks...
Retard.
Bitcoin have 10 times more hash power than Bcash, now fuck off!
this is pretty big news and should basically holocaust the alt market
Btg was always a shitcoin, I imagine this was the plan since day 1.
lol all the s*ygoys were applauding btg cause the founder was rude to some other asshole just this morning
BCH is an SHA256 coin backed up by the exact same hash power as BTC itself. All ASICs.
BTG is an Equihash shitcoin that until recently was thought to only be mineable by GPUs. Of course ASICs have recently been released for this algorithm and after pissing off Craig, Jihan probably attacked BTG with his massive equihash ASIC farm (that they usually use to mine zCash).
Fucking brainlet. how do you not understand the difference between Equihash and SHA256, the role of ASICs in this, and how much harder it would be to 51% BCH (or BTC) than some Equihash coin with a micro fraction of BCH's hash power being primarily mined by retail GPU cards.
lol you are dumb
No way retard
Miners love bitcoin cash. It's more likely they shit on bitcoin
you are fucking retarded. They share the exact same pool of hash power. The exact same machines mine both chains, dynamically switching between the 2 to maintain an equilibrium where $/hash mining yields are the exact same whether pointed at BCH or BTC. Hash power is purely a function of the value of the network. As the coin goes up in price more hash power is devoted. If Bill Gates pumped BCH to parity with BTC right now the hash power on each chain would be the same within minutes.
it never ceases to amaze me how stupid people are here on BIZ and how retarded people are in general. You toss your lunch money at this shit without knowing the first thing about it. No wonder you faggots buy shit like Verge and unironically think it is a good "investment".
Took less than a day for retaliation hahahahha
Thats because Jihan is mining it.
ok, the -90% coin, kek
verge already did that
I never even bothered to collect this shitfork
>dynamically switching between the 2 to maintain an equilibrium where $/hash mining yields are the exact same whether pointed at BCH or BTC
oh my, kek
you forgot that bitcoin (BTC or BCH) 'miners' are losing money at any price below $8,500, so they're dynamically switching between shit-tier alternatives, kek
that hash power can just be shifted to destroy other alts
>le satanist libertarians will work together
I love Bitcoin Gold. You know why?
Easiest $4600 I ever made. Money from nothing. Thank you, based BTG team. Your shitcoin made me great money.