....... 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.
Seems you have 0 knowledge about how attacks are carried out and done in the past.
Actually GRAFT and INTENSE have been successfully attacked as well.
Not sure if it makes much sense to discuss such attack matters with someone that has no knowledge about such things.
Maybe as a first step you take a look into this list of attack cost and available hashrate: https://www.crypto51.app/
Than eventually reconsider your total dumb statements or just continue as usual as a forum clown.