Post
Topic
Board Announcements (Altcoins)
Re: Network Attack on XVG / VERGE
by
mine_phun
on 22/05/2018, 12:09:05 UTC
If i leave my bike without lock.... this is like when you have money for a lock, but spend it all instead on a snazzy purple paintjob. Plus the wheels are falling off and the brakes don't work.

You can make phun of it, fine by me, however we all know that right = right and wrong = wrong.
Pretty soon all Verge blocks will be mined and the worth of the coin zero meaning the coin is destroyed.

That leaves you with the following options:

- Inside job > highly unlikely as the value of the coins will be zero
- Plain hack to get money > Highly unlikely as the value of the coins will be zero
- Hate / Blackmail?

The hack is sophisticated, that already has been said. So i wonder who will help?