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May 02, 2013, 01:03:54 AM |
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People talk all the time, "Oh if the US government or a big bank wanted to 51% attack BTC, they could do it with some ridiculously small amount of money. Blah blah blah." My point in saying this is that with litecoin using the scrypt algorithm, buying your way to 51% or greater hash power is ABSURDLY cheap compared to the same for Bitcoin. To be honest, I don't care either way, I own both coins, and make money with both of them. If anyone wanted to bring down either network, it would not cost all that much (in the greater scheme of the world's economy), so why are we worrying about small shit like this?
Ps. This is not marketplace relevant.
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