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RE: Proof of Work - Sudoku on a planetary scale!

in #bitcoin7 years ago

Hey @dreemsteem! Thanks for your reply and also thanks for the tip! I didn't know there is a tip bot! 👍I'm happy that you liked my post. In general, you're right: Immutability and vulnerability are contradictory. What I described in my 51% Attack post is the theoretical possibility of an attack. Mostly to change the current blocks / immediate future, which allows the attacker to double spend coins. My post also showed how/why this is a rather theoretical attack, especially if we consider today's situation. The reward of such an attack is just too small in regards to the huge risk/investment that needs to be taken. So why bother to execute a highly risky and expensive attack when one could make a fortune being honest. Things get even trickier if one would want to change the past. I hope my explanation helped a bit! 🙂
Have a great day!

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Yes it did!!! Thanks :)
I appreciate you taking the time to keep teaching me! Hehhehe

Glad to hear that! 👍I'm always happy to help if I can and if people are interested 😊.

I'm curious.....do you find that you're gifted in teaching people who are newbies? I'm asking you and one other person because I have an idea forming :)

That's an interesting question and difficult to answer. Self-assessments are always tricky and hardly objective. But I have been told that I can explain complex technical topics in an understandable manner. Also, I was tutoring programming classes for BSc students, did employee training and was involved in digital mentoring programs. I think I can objectively say that I have some skills in teaching/explaining technological topics and I'm steadily working on improving them. Writing posts on Steemit is one part of my efforts to improve my skills in this area.

very good!!!! more discussion in DM on discord! hehehehe