Post
Topic
Board Archival
Re: delete
by
kalus
on 29/03/2014, 02:57:12 UTC
auororacoin is flawed because $30,000,000USD of 'market cap' is being protected by less than 2 gigahash of video cards.

That problem isn't due to a "flaw" in the coin. It's due to not enough miners. One which is normally solved by it rising to the top of the profitability table

the solution to "not enough miners" is not "manipulate the currency" bwahahaha

"not enough miners" is a flaw because the currency doesn't exist without its hashrate.  without being able to secure the blockchain, "the people behind it, their priorities, who it's trying to benefit..." can't even guarantee the fucking transactions will go through.

it's a distributed currency.  "not enough miners" is a fatal, fucking flaw.