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Author Topic: Litecoin more secure than bitcoin?  (Read 1032 times)
420 (OP)
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April 26, 2013, 03:55:29 AM
Last edit: April 26, 2013, 04:11:24 AM by 420
 #1

http://www.youtube.com/watch?v=h2u3BNiANVA

true or bullshit?

around 5min is the 'comparison'

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saddambitcoin
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April 26, 2013, 04:06:08 AM
 #2

100 True.  -Coblee & Fontas

420 (OP)
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April 26, 2013, 04:11:32 AM
 #3

100 True.  -Coblee & Fontas

posted on the forum somewhere?

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chriswilmer
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April 26, 2013, 04:16:01 AM
 #4

http://www.reddit.com/r/litecoin/comments/1cssqr/the_math_why_litecoin_is_more_secure_than_bitcoin/
kwukduck
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April 26, 2013, 05:35:49 AM
 #5

As blocks get added it becomes exponentially harder to attack, more blocks give more security over longer time frames.

We're totally forgetting here that litecoin hasn't been maintained for a long time and suffers from some serious bugs.
And also that it is extremely vulnerable to botnet attacks. ( take over hashing rate + DDoS the competition in one blow ) ( I think this has been demonstrated at least once before if i remember correctly )

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SolidSnake76
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April 26, 2013, 06:46:01 AM
 #6

as i understood it, it's the time not the # of blocks that matters. so if litecoin waits 6 blocks, and the blocks are faster, that doesnt really matter - its "waiting 1 hour" that is the safe thing not "6 blocks"
420 (OP)
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April 26, 2013, 06:06:38 PM
 #7

as i understood it, it's the time not the # of blocks that matters. so if litecoin waits 6 blocks, and the blocks are faster, that doesnt really matter - its "waiting 1 hour" that is the safe thing not "6 blocks"


i thought the same.

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