Post
Topic
Board Announcements (Altcoins)
Re: Coin2.0 [C2.0] - The forward thinking POS (FPS GAME DEV. UNDER WAY).
by
ranlo
on 20/05/2014, 17:18:43 UTC
Not minty's greed, mintys incompetence.

Because mintpal should understand that the 'flaw' occurs when coins are not staked and securing the blockchain.

How many coins did mintpal have ("in escrow lol") NOT securing the blockchain?

Did mintpal tell anyone they were not securing the blockchain with their coins?

How many coins did mintpal have on account NOT securing the blockchain? (millions? 30% of all c2? 40%?)

I mean come one mintpal, do you even crypto?

Since you seem to understand a lot about this, can you confirm something for me? Based on what I'm reading in here lately, the problem is that Mintpal wasn't staking, which allowed a 51% attack on the PoS model (NOT the PoW one) by people who owned far less than 51% of the coins but were 51%+ of what was being staked at the time. Is this right?