Re: [ANN][Update#7 - 12th March,2018] - Electronic Dollar
"Baikal:
-ASIC is coming!
Edollar:
-Hard fork is coming!
So suck it, bitch!"
Anyway, at current network hashrate, if Baikal starts mining with 100 x 20KH ASICS, they can undo the hard fork easy.
how? -ASIC is coming!
Edollar:
-Hard fork is coming!
So suck it, bitch!"
Anyway, at current network hashrate, if Baikal starts mining with 100 x 20KH ASICS, they can undo the hard fork easy.
Google "51% attack"... And, I think, history records something similar involving Bitmain, Bitcoin Cash and segwit fork...
A 51% attack only works if the same algo is being used by the coin; changing the algo renders any coins produced by the old algo as worthless/invalid.