Quote from: rikkie on March 14, 2015, 07:16:03 PM

Quote from: SargeR33 on March 14, 2015, 07:05:17 AM

Is this where a 51% attack could make this plausible? 1 person broadcasting a block to the network would immediately be rejected but if 5100/10000(for example) broadcast the same fabricated block, this could fool the system, correct?

a 51% attack is actually when 51% of the mining hashrate/hashpower somehow attacks the network, the most common fear would be to execute a double spend attack.

All that would happen if someone did what the OP proposed is would create a premined altcoin.

But unlike other altcoins, the private keys would work