Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Pools (Altcoins)
Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin
by
flound1129
on 19/07/2013, 18:48:18 UTC
Quote from: Evolutionary on July 19, 2013, 06:35:16 PM
Quote from: tlr on July 19, 2013, 05:44:32 AM
Quote from: B.T.Coin on July 19, 2013, 05:16:26 AM
Quote from: flound1129 on July 18, 2013, 10:15:35 PM
We've gotten 4 orphans so far, if we get 2 more I'm going to take FTC off the multiport.

I read on the feathercoin forum that they were under the impression that you pointed the multiport to FTC to help them counter the 51 attack.
Although it was an automatic switch, it could be a good idea.
Why not offer altcoin developers the possibility to manually point the multiport to their coin when they are 51 attacked?
Obviously they have to compensate you/us for that so we make at least what we would on another coin, but they have big pots of pre-mined coins anyway that they could use for that. It might be a win-win situation.

I like this idea, it's similar to something I read in a fictional story in Bitcoin Magazine a few months ago. Basically in the future there will be companies that insure against double spends, and they contract with emergency hashing providers that will mine for them on demand in case of double spends.

Only a cryptocoiner with his head up his ass would think this is a good or cool or desirable thing.  Why not just have 2 crypto coins that work?

You mean ppcoin and novacoin?  Smiley  BTC and LTC are only marginally safer from 51% attacks than most of the alts.