Post
Topic
Board Announcements (Altcoins)
Re: NobleCoin[NOBL] - **NOBL/$USD@VoS**MARKETPLACE/BULLION**50 CHARITIES/MERCHANTS**
by
hellscabane
on 10/06/2014, 15:27:59 UTC
From what I have read, an attack to the network does not need to be 51%. The likely hood to be succesfull with above 51% is higher. So it really depends on how you want to look at a secure network.
Although it is called a 51% attack it is really more a >50% attack. As long as the spawning genesis has more hashes and can be extended out to form a chain (or subchain) that can be accepted by the parent, then a 51% double-spend type of attack can occur.

Fundamentally speaking, any coin that has less than 50% of all of the possible hash for a given algorithm shoulbe be considered unsecure.