Pwc 51% attack and dev give up--\> coin dead
-
FYI, lets prepare for many coin attacks in near future as this was a success to kill a coin
Feathercoin will not be immune, and any new 51% will be more damaging to all alt as conidence will erode pretty fasthttps://bitcointalk.org/index.php?topic=239794.0
p.S. i don’t agree with him doing that so fast, but alt need a 51% attack protection unless they can waranty 2.5G for Scrypt type all the time
-
[quote name=“groll” post=“17009” timestamp=“1371929221”]
FYI, lets prepare for many coin attacks in near future as this was a success to kill a coin
Feathercoin will not be immune, and any new 51% will be more damaging to all alt as conidence will erode pretty fasthttps://bitcointalk.org/index.php?topic=239794.0
p.S. i don’t agree with him doing that so fast, but alt need a 51% attack protection unless they can waranty 2.5G for Scrypt type all the time
[/quote]Exactly, that’s why we’ll implement this:
http://forum.feathercoin.com/index.php?topic=1878.0
Although you can never 100% protect, you can certainly reduce the attack surface. I agree, be prepared for additional ‘attention’.
-
Powercoin is dying not because the 51% attack has messed it up completely. It’s dying because the developer seems weak. He couldn’t manage the project properly and gave up easily.