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Author Topic: That's the end of the altcoins glory?  (Read 2330 times)
Sunny King
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March 18, 2013, 12:42:51 AM
 #41


- how does POW and POS interact? Is POW denial by POS miners effective?
- ...

To deny POW blocks, after checkpointing is weakened, a 20% collusion of stake minters can easily reject pow blocks about 20% of the time. To achieve much higher denial rate it would likely need to fight against honest stake minters.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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March 18, 2013, 12:58:57 AM
 #42

Wow, so many posts...  I think it has diverged slightly from my OP Cheesy

What I meant was just to notice that it's no longer more profitable to mine PPC, TRC, etc. and the exchange rates continue to go down.  All those alt-coins had a few days bubble, and it was fun to mine PPC the last few days and see 200% return compared to BTC, but that was yesterday's ride.  Apart maybe from LTC that is still kicking (although at lower exchange rate that it used to), and the fact that it's the GPU miners logical path in the following months, the other altcoins are just getting slowly back to the attic. Roll Eyes  Maybe people will just forget about them, like an old toy that's getting dust under the pile at the bottom of the toy box...

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