why flawed? Auroracoin is better distributed with the Icelanders then Bitcoin plus it is based on litecoin rather then bitcoin.
Although I would still think bitcoin is a better option for them as it is a bit more stable right now
Hmm, I dunno maybe the quote from Balduro the AUR creato himself can shed some light?
There are more holes that were never fixed.
note: I only pointed out the flaw and nothing more. Others figured it out and reigned hell on most KGW coins at the time
Every coin using 1 block retargeting should take note. BCX has correctly identified an attack vector that an attacker (like himself) with enough resources could exploit. We will indeed have to make appropriate changes in light of this.
Also quit claimng "40,000 Icelanders got AUR" because that's completly wrong.
40K wallets recieved AUR from a massive 50% premine, that much we agree upon.
What happened was the fanboys drove the price to $90 per coin in a frenzy while the DEV team collaborated with an exchange owner RealSolid of mcxNOW fame to cash out. <----
Crypto may be good for Iceland, but AUR isn't the one.
Just an opinion.