The cryptocurrensy community seems to ignore the inevitable threat of a 51% attack. Once the government and major banks see that Bitcoin is impeding on their infrastructure they will come together and execute a 51% attack. IT WILL HAPPEN, and the amount of money it takes for them to execute the attack is peanuts.
My question is, what cryptocurrensy has the necessary code to make it insusceptible to the 51% attack? LTC? NXTCOIN?
Let's Discus.. This is important.
My question is, what cryptocurrensy has the necessary code to make it insusceptible to the 51% attack? LTC? NXTCOIN?
Let's Discus.. This is important.
Litecoin of course
but in any case, take a look:
https://www.youtube.com/watch?v=ncPyMUfNyVM
)Bitcoin is still robust after its introduction 6 years ago, but has had some recent technical hiccups with Galvin fork and tx/spam issues.
Highly improbable that bitcoin would be replaced, but if it were, the standby, on-deck crypto is Litecoin. Coblee, the litecoin dev, has addressed some of bitcoin's shortcomings.
I think most folks underestimate the speculative value that this brings to LTC. It could literally jump to hundreds of dollars in value overnight. But it's a longshot to be sure.