Post
Topic
Board Altcoin Discussion
Re: Gameover for a few coins this week it seems.
by
HysonCorp
on 30/03/2014, 10:10:45 UTC
Worldcoin is insanely pathetically insecure, its hashing power is a bad joke, it is begging to be PWNd.

"Storing" wealth in such a pathetically insecure blockchain is insane, you might as well seek out some theives directly and hand over your money to them.

-MarkM-


On your comment, I wonder if there is some misunderstanding on your part.

Worldcoin hashrate around 3-4Gh/s
which makes it top5 hash rates on the 'high' list of non-ASIC (highest being Lite and Doge)

not high comparing to anything ASIC, but higher than the following coins:
Quark(700Mh/s) / Mega(740+Mh/s) / Feather(2800+Mh/s) / Novacoin(1500Mh/s) / Infinite(70Mh/s)

Further, to hack a 3-4Gh/s network, you need to know a pool with over 2Gh/s, which I would like to see anyone have before ASIC comes out. (that's 2000 x R9 290x at max config)
If you want to worry about Worldcoin being hacked, you have a LOT MORE to worry before that I think.

so my conclusion was you just bashed worldcoin based on nothing?
Please avoid doing that, we really have enough trolls on this forum already.

If you worry about anycoin being hacked.. I will probably put infinitecoin on that list...
http://www.coinwarz.com/cryptocurrency/coins/infinitecoin
BUT even that, isn't easy to put a 51% attack onto, you will need 36Mh/s rate, which will be around 36 x R9 290x at max config.
I 'can' see some lunatic getting that amount of hashrate in a room packed with fans, but you need a very dedicated group to pull that off. Smiley