Post
Topic
Board Altcoin Discussion
Re: Litecoiners: Idea to make Litecoin importance skyrocket in Bitcoin ecosystem
by
tgsrge
on 15/04/2013, 04:55:49 UTC
I dont seem to be able to make up my mind on this one... On one hand, this, if executed, coordinated and handled properly COULD be highly beneficial to all involved, on the other, (atleast as i understand it) not only would it take an insane amount of coordination to pull this off properly, but also (and this is from me being somewhat of a hardline supporter/proponent of KISS as well) i dont know that i inherently like the idea and the possible consequences of effectively tying both networks together, or for that matter all the additional complication/overhead and possible FUD that this might bring in.

Personally, i've always been expecting someone to come up with some sort of optional overlay network that would run on top of bitcoin and provide mechanisms to possibly help with making successful 51% attacks harder but also provide for easier mitigation if one indeed happened, but so far it seems that doesnt seem to be happening, at all.... maybe this is, in it's own sort of convoluted, abstracted way it ? i'm not too sure.