Post
Topic
Board Announcements (Altcoins)
Re: [GPUC] GPU Coin | Block 2600 ETA 23:00 EST
by
binaryclock
on 10/03/2014, 16:29:36 UTC

OTOH, if you join the biggest pool, you basically attack the blockchain - if someone has over 50% of nethash (in fact, more accurately, if they have anywhere near 50%, so even 30% is bad) then the coin is fundamentally untrustworthy at that point - no-one can know without forensically analysing the blockchain that bad stuff hasn't been pulled off - that is terrible for the value of any coins you mine.

Wow.  This is what happens when people that have no idea what they are talking about, try to talk about something.

Funny though - had a good morning laugh.

baaaaddddd stuff.  Much technical.  Very trustworthy.