If fiat can be faked, can cryptocurrency be faked too?
>>2507741
The point of crypto is you can't fake it lol. It must be registered into the blockchain for it to exist
>>2507741
That's what the blockchain is for
>>2507741
Try reading a wikipedia article at least before asking a stupid question.
>>2507741
It is POSSIBLE for it to happen, but that depends on the various pools for the various coins.
Despite the shilling for LTC, a chinese pool owns >50% of the hashing power, which means it can put out whatever kind of chain it wants.
>>2507846
can't be duplicated, because you don't even have the coins, you have an address, that's it.
And all the transactions are in the blockchain, so what you have is transactions that point at your address having coins.
Those transactions are in everyone's computer (everyone with the full blockchain)
If someone has 51% of the hashing power though, they could theoretically make up new transactions, and double-spend.
Which is what makes Bitcoin the best coin right now, and why it will be king for a long time
>>2508049
best explanation. think other coins will adapt?
>>2508065
other coins can adapt?
adapt to what?
what makes bitcoin strong is that everybody is using it
>>2507855
except the pool is made of random individuals, which means it ain't gonna do shit. ever.
fuck off fudfag