Post
Topic
Board Altcoin Discussion
Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools
by
Syke
on 31/08/2011, 00:41:33 UTC
BTW, have you figured out the tiny problem that SCs (and i0s, and soon IXs) difficulty adjustment algo creates when faced with a attacker with majority hashpower yet?

Sure, but the goal is never to be in the situation where someone has 51% power, worrying about "attacks" that happen in that scenario when you can fork the chain is kinda irrelevant no? Better than doing a namecoin/i0/ixcoin and dying, thus leaving an "80 million dollar economy" in shambles. Obviously with deepbit on BTC and SCGuild with SC it is a concern, however the SCGuild owner seems honest.

I'm trying to solve some of these bigger issues, so we will see what I can produce.
Too late. SCGuild already has way more than 51% power. All they would have to do is turn off hashing for one day, difficulty will plummet, then we can get back to getting several blocks a minute.

SCGuild, what do you say? Will you turn off the pool for a day?