Post
Topic
Board Altcoin Discussion
Re: Namecoin was stillborn, I had to switch off life-support
by
justusranvier
on 15/10/2013, 18:45:55 UTC
I disagree. If bitcoin fails everything based on bitcoin blockchain will also fail. Diversity in alt blockchains is the best chance for success.
Diversity in blockchains weakens all of them.

If your threat model included nation-state level attackers, your only chance of success is to have the highest possible hash rate protecting it. Splitting the processing power over a bunch of diverse blockchains increases the probability that each one will fall in succession because none of them have enough hashing power to survive the attack.