Post
Topic
Board Mining (Altcoins)
Re: WARNING: Potential 51% attack on Litecoin by GHash
by
Defender666
on 15/03/2014, 06:55:38 UTC
If one pool controls more then 50% of the network it can fake transaction because more then the half of the miners would validate the fake transaction. They could create any balance on there account they want. And the real value of the coin would drop to 0.