We NEED the altcoins. We need them to be trying new things, different approaches, different ideas. Even the strange and stupid ones.
Every stupid, bad idea or poorly launched altcoin brings us a tiny bit closer to the end-goal because as a community we learn from our mistakes and we share information, Good ideas are still good ideas even when they are introduced with one failcoin or another.
SW
the1silverwolf,
I respect what you are saying and fully agree. For the record I am not for attacking a coin for any reason.
But doesn't this bring us one step closer to the end-goal as a community by stress testing our own coin code and group standards. A failed coin is to be learned from, that is from launch to timing metrics and security. I hope DGT survives but as a group we have to learn how to prevent these attacks to make a currency globally acceptable. If it can be done easily by such a small group then what would happen if it a coin is accepted in the mainstream media and then attacked by an organization with significant backing and financial support.
Think of pentesting any network, it needs to be done and weaknesses addressed.
The community needs to find out now and grow around 51% attacks and prevent them in the future, they should not be easy to deploy.