jabowery (OP)
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Activity: 28
Merit: 6
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June 18, 2014, 04:42:03 PM |
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Are there any altcoins that claim immunity to the 51% attack?
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ChuckOne
Sr. Member
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Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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June 18, 2014, 04:46:10 PM |
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Nxt.
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amacar
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June 18, 2014, 05:24:12 PM |
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Are there any altcoins that claim immunity to the 51% attack?
Fractalcoin
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From Above
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June 18, 2014, 08:11:10 PM |
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Bitcoin, we have 51% but GHash.io is extremely trustable hence Bitcoin is completely 51% Immune obviously
~CfA~
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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1014
In Satoshi I Trust
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June 18, 2014, 08:53:45 PM |
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Zerocoin maybe.
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Zer0Sum
Legendary
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Activity: 1588
Merit: 1000
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June 18, 2014, 09:57:38 PM |
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Ya man, VTC has active, creative Devs and a sophisticated community... And I mean serious people that are demanding a serious coin... not the usual retarded alt pumpers. Now if they adjusted rewards, say, give 10% more to P2P miners = radical game changer. VTC is what LTC was supposed to be... and it's cheap right now.
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lynn_402
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June 18, 2014, 10:30:01 PM |
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All the PoS coins are immune to 51% attacks.
Peercoin, Blackcoin, Pandacoin, Mintcoin, etc.
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gorillajam
Member
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Activity: 98
Merit: 10
win
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June 18, 2014, 10:54:18 PM |
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All the PoS coins are immune to 51% attacks.
Peercoin, Blackcoin, Pandacoin, Mintcoin, etc.
Add Qora to that list. Funny how POW guys used to hold up security as a problem with POS.
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r3wt
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June 18, 2014, 10:57:42 PM |
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all the peercoin derivatives with working checkpoint servers are sufficiently immune to the attack. the immunity only extends to the last checkpointed block, so if you can find the checkpointing server and gain access or ddos it you can then 51% Attack the coin if you have enough mining power, but it will only rollback to the last checkpointed block.
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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gorillajam
Member
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Activity: 98
Merit: 10
win
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June 18, 2014, 10:59:58 PM |
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What I don't like is thatg any big money interest like a government, Federal reserve or major bank wants to kick Bitcoin in the nuts they just need to use one of their NSA quantum computers to mine the shit out of Bitcoin or any POW coin.
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dadingsda
Legendary
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Activity: 1310
Merit: 1000
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June 18, 2014, 11:08:03 PM |
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All the PoS coins are immune to 51% attacks.
Peercoin, Blackcoin, Pandacoin, Mintcoin, etc.
Add Qora to that list. Funny how POW guys used to hold up security as a problem with POS. Time will tell.... ps: Add 2nd gen coins (NEM, NODE,,..)
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INVALID BBCODE: close of unopened tag in table (1)
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MichBjukenon
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June 19, 2014, 07:47:40 PM |
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Bitcoin, we have 51% but GHash.io is extremely trustable hence Bitcoin is completely 51% Immune obviously
~CfA~
it maybe trustable but thats not the only problem,price droped ~70$ when that happend becouse people get nervous... Ya man, VTC has active, creative Devs and a sophisticated community... And I mean serious people that are demanding a serious coin... not the usual retarded alt pumpers. Now if they adjusted rewards, say, give 10% more to P2P miners = radical game changer. VTC is what LTC was supposed to be... and it's cheap right now. yup,there has been some debate about giving more to p2p miners and thats a great idea but i dont know if its posible...
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From Above
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June 19, 2014, 07:49:14 PM |
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Bitcoin, we have 51% but GHash.io is extremely trustable hence Bitcoin is completely 51% Immune obviously
~CfA~
it maybe trustable but thats not the only problem,price droped ~70$ when that happend becouse people get nervous... Bitcoin is obviously most secure cuz it has the best Pools and it already has 51% but in hands of the Rich and Reliable Pwns all inferior crypto networks ~CfA~
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dawie
Member
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Activity: 115
Merit: 10
BTC for a better world
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June 19, 2014, 07:52:42 PM |
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MYR - 5 mining algs with independent difficulty ratios. Need different forms of hardware to make 51% possible. Extremely impractical.
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Fascinated by BTC BTC: 1HWUnvZ3xQykdSJsfyGiGQpZG16uFe8DXJ XMR: 44fJ52WJGUmceBX6iARnfW6k9p2MFrwkb9AeXRDvQDaZYM8zkA2uuysE164GBGrhkvGh8PAxGUFU5Fq eEmk82Cww3CHdeRS
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From Above
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June 19, 2014, 07:53:53 PM |
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MYR - 5 mining algs with independent difficulty ratios. Need different forms of hardware to make 51% possible. Extremely impractical.
Bitcoin is the no-discussable answer to the topic Question,. ~CfA~
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MichBjukenon
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June 19, 2014, 07:54:11 PM |
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Bitcoin, we have 51% but GHash.io is extremely trustable hence Bitcoin is completely 51% Immune obviously
~CfA~
it maybe trustable but thats not the only problem,price droped ~70$ when that happend becouse people get nervous... Bitcoin is obviously most secure cuz it has the best Pools and it already has 51% but in hands of the Rich and Reliable Pwns all inferior crypto networks ~CfA~ Rich and Reliable ? in what world do u live in ? 51 is a security problem do u like it or not,and as i mentioned,im sure ppl dont like price drops that comes along every time some pool comes close to 50% and the thread relates to ALTcoins only...
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From Above
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June 19, 2014, 07:55:42 PM |
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Bitcoin, we have 51% but GHash.io is extremely trustable hence Bitcoin is completely 51% Immune obviously
~CfA~
it maybe trustable but thats not the only problem,price droped ~70$ when that happend becouse people get nervous... Bitcoin is obviously most secure cuz it has the best Pools and it already has 51% but in hands of the Rich and Reliable Pwns all inferior crypto networks ~CfA~ Rich and Reliable ? in what world do u live in ? 51 is a security problem do u like it or not,and as i mentioned,im sure ppl dont like price drops that comes along every time some pool comes close to 50% I trust GHash and BTC with my wealth, Bitcoin aint got no security issue ~CfA~
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MichBjukenon
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June 19, 2014, 07:57:31 PM |
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Bitcoin, we have 51% but GHash.io is extremely trustable hence Bitcoin is completely 51% Immune obviously
~CfA~
it maybe trustable but thats not the only problem,price droped ~70$ when that happend becouse people get nervous... Bitcoin is obviously most secure cuz it has the best Pools and it already has 51% but in hands of the Rich and Reliable Pwns all inferior crypto networks ~CfA~ Rich and Reliable ? in what world do u live in ? 51 is a security problem do u like it or not,and as i mentioned,im sure ppl dont like price drops that comes along every time some pool comes close to 50% I trust GHash and BTC with my wealth, Bitcoin aint got no security issue ~CfA~ lol...i quit...
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From Above
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June 19, 2014, 07:58:09 PM |
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lol...i quit...
The weight of ur argument blows me away ~CfA~
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