Even smaller amount looking enornous compar to usual... Of course as said 24/24 monitoring is needed... Or the TRC trading should be stopped directly before any disaster... I agree on that
neotrix, did any TRC disappear from your exchange? any at all? not even 1.
Basicly this is what happens during a 51% attack:
You have to understand that the blockchain contains all the transactions and block are minted on top of it
The attacker build his own blockchain, with his mining speed, he can be faster than the network
Blockchain acceptation is done by consensus by all the nodes, basicly, the longest chain wins
The attacker spend his money on the network chain, but his money remains on his (and longer!)
The attacker broadcasts (release) his chain to all the node, in order to be accepted by them
The longest chain is validated, orphaning the network's chain, reversing his spending
The attacker, sucessfully spent his money (like exchanging TRC in BTC) and keep his money on the newly accepted chain
In this case, I think that he successfully use his minting reward because he doesn't seem to have balance before the attack
This attack seems to give 100% of minted blocks to the attacker
Please tell me if I'm wrong somewhere.