You misunderstood me.
I was referring to your little botnet. If you used a botnet to mine coins and then just threw them away. It would do nothing. It wouldn't inflate the supply or cause anyone any grief at all. In the long run you'd cause a tiny bit of deflation. Probably less than 0.01%. It isn't even noticeable.
If you sold these coins (most likely, why would you work for free?), you'd cause a temporary decline in the asking price of the coins because you'd flood the market with supply. This would only work until the difficulty increased automatically. Again, this really does nothing. You just *helped* us mine more coins! Thanks! lol
You don't get it. Cracking the crypto is how Bitcoin works. By attacking it you are actually helping it.
So crack away!
Quote:
Originally Posted by cam_girls
So if you destroy coins at will then there is no real distributed impervious system afterall!
No different to using paypal. The transaction can be halted by other people
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