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Title: Can we discuss 51% attack here (for example on dodge) Post by: greenslope on May 31, 2021, 08:00:00 PM I was looking at this puppies on dodge, and remembered it's still on scrypt... and then a little idea came to my mind...
what do you think? Title: Re: Can we discuss 51% attack here (for example on dodge) Post by: xxcsu on May 31, 2021, 10:30:10 PM So you thinking to give a lesson to Elon Musk ? ;D
Title: Re: Can we discuss 51% attack here (for example on dodge) Post by: FinneysTrueVision on May 31, 2021, 11:19:37 PM I don't see why you can't discuss it. I don't think there is a rule against it. If you were thinking about coordinating a 51% attack maybe this forum might not be the best place to discuss that. Attacking a blockchain might be considered unethical so the moderators would be justified if they wanted to delete it but if you're only discussing a hypothetical scenario I don't see anything wrong with it.
Title: Re: Can we discuss 51% attack here (for example on dodge) Post by: philipma1957 on May 31, 2021, 11:47:45 PM I was looking at this puppies on dodge, and remembered it's still on scrypt... and then a little idea came to my mind... what do you think? Impossible to do under current situation. Doge+LTC = 90% of scrypt So they are merged mined as 1 even though they are 2 coins. In order to do a 51% attack you need to get 358th of gear. https://bitinfocharts.com/comparison/litecoin-hashrate.html 347 th https://bitinfocharts.com/comparison/doge-hashrate.html. 358 th those are not separate almost entirely merged mined and a fee are mining purge doge. so the combined gear is not 347+358 = 705th it is likely 405th max as some may mine pure ltc and some may mine pure doge. say 300 ltc+doge merged and 47 pure ltc and 58th pure doge. which is 405 th in gear. or 405,000 gh which is about 805,000 l3+ miners is all the hash in the world. so if you can find 805,000 l3+ miners and deploy them you will have the ability to 51% attack the coin assuming no one else adds miners. 51% attacks occur on things like ETC coins which has a small fraction of gpus compared to eth and the gear need to attack the gear is already running. If there are 805,000 spare l3+ out there right now they simply would have mined and made money. Not wreck the coin. BTW a l3+ is going for over 1000 on ebay https://www.ebay.com/itm/184864392152? so 805,000 x 1300 = 1,046,500,000 1 billion in miners plus the farm to do the mining. good luck with that attack the farm needs to do 805,000 x .8 = 644,000 kwatts or 644 megawatts about 1/9 of Niagara Falls power plant To explain it better is it is actually more secure than any coin but btc btc then doge then ltc. but doge and ltc are interlinked |