Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin *23 Exchanges *34 Merchants
by
Anonymousg64
on 29/03/2014, 06:10:44 UTC
looking at the source to double check

Why not inform the other PoS communities. You know, the ones that are worth more and have much more to lose- if you really believe this and you are really doing this in good faith. Also, if this really was a way to attack PoS and you wanted to help WHY WOULD YOU POST HOW TO ATTACK ON A PUBLIC FORUM!? You could simply pm the devs and let them know "how to fix it" as you claim to know how.

less damage asking on smaller coin forum

there should be a few among this community who are well versed with how their coin works right?

It is coins * coin age. So the more coins you have and the longer you wait before activating minting, will affect how fast once you start minting it will succesfully get block generation. There are algorithms and randomness controls built into it so that the chance of one person being able to get even 10 consecutive blocks is remote, let alone 60. Overall, PoS/PoW is more secure against a perpetual 51% style attack. Just wait for your confirmations, that is what they are there for. Wait for 200 confirmations if you are worried about security.

for PoS generation it is only coin age, if it was what you say, you would generate PoS from 1million MINT in 34seconds

im looking at the source atm, i may be wrong