Fiat also has inflation because central banks print fiat out of thin air. But they are not bad in your opinion? They who actually financially enslave ordinary people? Did you know about the second successful 51% attack on Monero? "What happened technically: An 18-block "reorg" (reorganization) hit the Monero network - meaning that 18 blocks the entire network believed to be valid and permanent were suddenly discarded and replaced by an alternative version of history. To put this in perspective, reorganizations of more than 2-3 blocks are extremely rare in established blockchain networks. The financial outcome: 55 confirmed double spends (the same money spent twice) and 115 transactions completely invalidated. While we cannot know whether these were merchants, exchanges, or individuals transacting, this matters little in the face of real double spending scenarios - someone lost real money."

Privacy. Cryptography. Freedom.

Monero Under Attack: How the Community Responds to Selfish Mining Attacks

An 18-block "reorg" (reorganization) hit the Monero network - meaning that 18 blocks the entire network believed to be valid and permanent were sud...

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