Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][EMC2] Einsteinium | Funding the Future With the Future of Currency
by
einsteinium
on 17/03/2014, 20:04:10 UTC
Quote from: niothor on March 17, 2014, 06:40:24 PM
Quote from: Keits82 on March 17, 2014, 06:36:27 PM
can you please explain me why 51% is dangerous? i have seen it before but never found out the reason

51% attack , somebody having that much hashing power can start playing with the blockchain , denying transactions or modifying his own :

https://en.bitcoin.it/wiki/Weaknesses



Thank you!  Smiley