Post
Topic
Board Development & Technical Discussion
Re: How strong is Bitcoin against 51% attack !
by
btj
on 12/06/2018, 15:50:46 UTC
All in all, 51% attacks are of little threat to well-established cryptocurrencies and will likely continue to fade into obscurity as decentralization increases. However, these attacks still pose a significant threat to new coins, particularly if the attack is being maintained for a significant period of time, at which point the changes may become irreversible. Moving forwards, rig operators should refrain from joining the largest pools, despite the obvious benefits, whilst remaining vigilant.

Yes, new altcoins are more exposed to this kind of attack.

We already know this ... i just wanted to make the calculation to exploit this side too.

And it is as useless and pointless as calculating 'how much I could earn if everyone who downloaded my homemade wideo on youtube would pay for watching it as if I were Dwayne Johnson and video were released by Universal'

You are making wrong comparaison and this have no correlation, and this calculation will help other altcoin owners to check if they are exposed or not ... i made this example for Bitcoin but other can take note from this and make their own one on another coins.

If this seem for you useless, for others no, you can check the first comments on the top ... if you have good arguments and value to add to this topic you are welcome, if not do not speak to say nothing ...

We already know this ... i just wanted to make the calculation to exploit this side too.

You can read the first comments, this been already pointed before ... my intention is not to offend you.