....... when the technical lead makes such coconut statements:
When we banned ASICs, Electroneum became vulnerable to attack, he said. From a rate of approximately 2 giga-hashes, we ended up with 30 mega-hashes just yesterday. We calculated that if a malicious agent used a cloud-mining site like NiceHash, they could successfully stage a 51% attack for as little as $3,000
51% attack via NiceHash for $3k
When we banned ASICs, Electroneum became vulnerable to attack, he said. From a rate of approximately 2 giga-hashes, we ended up with 30 mega-hashes just yesterday. We calculated that if a malicious agent used a cloud-mining site like NiceHash, they could successfully stage a 51% attack for as little as $3,000
51% attack via NiceHash for $3k
What's that funny or "coconut" with this statement? That's exactly how it was and that's a serious issue by the way and at least i can't see anything funny about it.
And could you please explain me how someone would perform a 51% attack via NiceHash?
Tell you something better, GRAFT cryptonight coin is currently only 14MH/s total network speed - hack it with a total of $3k budget!
The funny about is the statement is all just fearmongering, only a kid high on candies would say something like this to scare his mates.
The fun is actually on YOU who believe this is possible.