Post
Topic
Board Altcoin Discussion
Re: Maxcoin decides hard fork equals higher market price
by
BombaUcigasa
on 20/03/2014, 22:22:57 UTC
From what I hear the Maxcoin Devs actually didn't want to do this.

1GH is forcing the issue as they are more than 80% of the hashing power.

While they are still 80% of the nethash, the overall price has plummeted and hash rate has dropped to less than 15% of peak which means less revenue.

But since Maxcoin belongs to 1GH, it's there's to do with as they please!



~BCX~

So ... when the network is being controlled by a 51% entity, the minority of the network can change the rules and attack the consensus.

I love it!


1GH and Maxcoin Devs are working together to control and price fix MAX.


~BCX~
Why? Didn't the instant 30k USD they made on the "instamine 1 difficulty fair launch" last them not even 3 months?