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Author Topic: Buffet Right, Altcoins=Scam!!!  (Read 968 times)
El Dude
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March 29, 2014, 05:22:06 PM

So, you guys have now decided, much like a dictatorial regime, to destroy people's investments/projects because you can, and it suits you.  You "fork" something or you 51% attack something.  While I have an idea on how that destroys an alt-coin, I don't know the technical details.  And those "details" keep me up at night.

These coins are experimental in nature. The attackers that expose the weaknesses in these coins are actually providing a community service by saving people from even larger losses down the road.

There are some coins like Goldcoin (GLD) that have 51% defense. These coins are all evolving.

51% like  checkpointing with peercoin ? That makes a coin centralized.  No thanks

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