Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][VRM] Verium PoWT Reserve | ICO accepting only VRC July 20th 2016
by
Edser
on 14/07/2016, 22:29:00 UTC
The dev or team holds 50% of all coins to stake. That means it is really easy to hit 51% of all staking. At that point of 51%, you can tell the network what to do, as you control the majority vote of what happens on the network. You can literally tell it anything and it will believe you since majority wins.