Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
XbladeX
on 14/07/2014, 12:29:30 UTC
Many people are missing all the team did.

As soon as VeriCoin was alerted they shut off Veri-bit ect and secured the coin from every way possible. Including an unpopular descision to protect its community from a thief. End of Story, VeriCoin is here to stay, and its here to change the way people view crypto. Live with it.
...
Such event only hurt whole crypto reputation and shows how easy you can make rollbacks on demand...
Rollback like this will damage image of All alts...

All because of VRC community was keeping 1/3 of all coins in one place
even with that POS coins like Nova PPC NXT BC can resist those attacks
you have "centralized checkpoints" to solve  issues like that...
you can play with stake modfiacators, coin age,time stamps to make such attack almost imposable to execute...

Rollback here is for save coin in short therm it creates dangerous social experiment for all crypto
i will never support that that is why BTC is huge...