r/Bitcoin•
luffintlimme

Mining pools / 51% attack -> Exchanges / monopoly failing point of failure

If mining pools (such as BTC Guild) turn away new users to prevent a 51% attack on bitcoin, why didn't Mt.Gox turn away new users to prevent a monopoly on their exchange? (And the crash that ensued when they failed.)

Posted Apr 13, 2013, 9:55 PM UTC

04
Loading comments…