Ethereum: Why did BitcoinEXpress plan a 51% attack on Namecoin?
I would be happy to help you understand the article and the technical concepts involved. However, I must emphasize that there are no specific items to provide a complete response.
The text seems to come from a Reddit article or a similar online forum where someone asks questions about Ethereum, BitcoNenexpress, Namecoin, Artforz, Gavin’s Patch and 51% attack. Here is a ventilation of key concepts:
Ethereum:
Ethereum is an open source decentralized platform which allows the creation of intelligent contracts and decentralized applications (DAPP). He uses a single consensus algorithm called proof of work (POW) to secure his network.
Bitconexpress:
Bitconexpress is a cryptocurrency exchange platform that allows users to buy, sell and exchange various cryptocurrencies, including Bitcoin. The message mentions an attack of 51% against Namecoin, which I will explain later.
Namecoin:
Namecoin is a cryptocurrency based on the blockchain that uses the Monero (XMR) protocol for its consensus algorithm. It is often used as a test bed or proof of concept for new cryptocurrencies and protocols.
Artforz modified feat:
This term seems to refer to a specific type of feat, but I have found no information on what it is or how it works. It is possible that the author refers to an unknown or outdated feat, or perhaps it was just an invented term.
Gavin’s patch will not work for exchanges:
This declaration suggests that Gavin (possibly referring to Gavin Andresen, the creator of Bitcoin) has developed a correction or a correction for a vulnerability of security on the cryptocurrency exchange platforms. The expression “will not work” implies that this patch is not enough or effective to solve the problem.
Attack of 51%:
A 51% attack is a type of attack distributed where an attacker controls more than half of the mining power of the network (or other calculation resources). In the context of Bitconexpress, he probably refers to a situation where an attacker successfully compromises the exchange and uses his operating power to exploit new parts or disturb normal operation.
To summarize, the post asks questions on Ethereum, Namecoin, Artforz modified feat, the Patch of Gavin (which may not work), 51% attack and other technical concepts. If you have specific questions or if you want more information about these subjects, do not hesitate to ask!