Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
Yeah, I don't see any built-in security against a 51% attack specifically in the code. But the attack still requires collusion between a majority of prime controllers, and a bad actor(s) can be ejected from the network. All it takes is one prime to call a vote for ejection. So theoretically, GAW (or the collusion group) would have to own 100% of the prime controllers. After the ejection, Orion controllers can bid to become prime, thereby also securing against collusion.
And what if the bad actor is GAW who controls 100% of the prime controllers?
I'm still puzzled by this whole orion-bidding-prime process. Shouldn't it all be a transparent and cryptographically verifiable process? Otherwise why bother calling it a crypto currency.
In other words, let's say I buy 125k coins on Cryptsy (or maybe my name is Craig). How can I apply to host a Prime controller? This all starts in a few hours, and there doesn't seem to be any concern from anybody (us trolls don't count) that nothing is known about it
