Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Rodyland
on 26/05/2013, 04:21:50 UTC

Anywhere below 50 is fine.

Actually even at just over 30% of the network there is a decent chance to get six blocks in a row (the criteria for a 100% successful double spend attack). So we do not want to get anywhere near 50% or risk being seen as a danger to the network. Having 51% simply guarantees a successful attack. Someone correct me if I am wrong.

STOP IT! Blocks in a row is necessary but not sufficient for a 50% attack.  You need more than just 6 blocks in a row to successfully 51% the network.

Stop with the FUD.