Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: roeylee on May 21, 2014, 11:36:04 AM



Title: Other cryptocurrencies safty
Post by: roeylee on May 21, 2014, 11:36:04 AM
Is bitcoin more safe than other coins? If transaction minimum fees are small, it could mean that the currency is more risky?


Title: Re: Other cryptocurrencies safty
Post by: BunsenBurner on May 21, 2014, 11:55:15 AM
Is bitcoin more safe than other coins? If transaction minimum fees are small, it could mean that the currency is more risky?

There are many kinds of risk regarding bitcoin and altcoins. https://en.bitcoin.it/wiki/Weaknesses.

If you are talking about 51% attack, what matter are the total network hashrate and its distribution.
On the other hand, a lower tx min fee would mean a lower cost for transaction flooding, which may prevent other transaction from getting included in a block.