Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine
by
newbybtc
on 23/09/2014, 11:59:48 UTC
[...]
Since transactions don't have inputs and outputs which link together like in other altcoins, there is no reason to store old Cryptonite transactions. ALL transactions can be forgotten after some period of time (it's a week in Cryptonite), there is no reason we'll ever need to go back and find unspent outputs, because in some sense all Cryptonite transactions instantly become "spent" after they are applied to the balance sheet / account tree.

Is there some chance of a sort of 51% attack in that? Could someone with lots of computers convince the network to accept a new version of the account balance tree?