Quote from: matt4054 on December 14, 2013, 11:55:46 PM

Quote from: stompix on December 14, 2013, 11:49:56 PM

Quote from: gnode on December 14, 2013, 11:40:47 PM

No he can't! You are really out in left field on how transactions and the block chain work.

Sorry , but you have no clue what you talk about.
Somebody who has 51% of the hash rate can make any coins out there useless because he can deny all the transactions from that address.
Google a bit , it would help

I can confirm this, to make it simple: your transactions are still relayed on the network, true, but if 90% of the miners (through their pool) are excluding your transactions from their mined blocks, AND they reject, as part of the conspiracy, every block mined from foreign nodes (that would confirm your tx's), then...

tl;dr: yes your coins can be embargoed completely quite "easily" by someone with 90%.

I still think that once the payout is made the hashrate is effectively distributed to the various miners and that the pool owner no longer has 51% so no attack is possible.

Now if the pool owner suspends distribution that may be a different story.

That doesn't mean that a fork isn't possible, it just can't be maliciously used.