Quote from: Sentinelrv on May 22, 2014, 12:05:42 AM

Quote from: Yurizhai on May 21, 2014, 11:21:45 PM

Quote from: PolarPoint on May 21, 2014, 11:16:19 PM

Accordi to this site https://www.litecoinpool.org/pools, coinotron only has 39%. They need to unite with wemineltc to get over 50%. Is that site not accurate, or am I missing something?

This little mini crisis happened yesterday.

And if it happened once, it can happen again. If Litecoin's only defense against this is to warn people through social media to leave a specific pool, they need a new plan. The system should be designed around human nature to prevent such events from occurring in the first place. Nobody should have to put trust in the good will of miners to know when to stop earning money and leave the pool.

Peercoin uses centrally broadcast checkpoints to secure the network from the "nothing at risk" problem inherent in PoS? You talk about trust but the entire decentralized network works only with implicit trust in the developer. If the developer (by coercion, threat of violence, or for his own personal gain) broadcast checkpoints which supports a shorter chain all clients would jump to that chain immediately.