Quote from: thisisit on March 29, 2014, 07:16:38 PM

Quote from: mgburks77 on March 29, 2014, 01:03:54 PM

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so pray that a whale, with bad intentions, does not get 51%

That would cost the attacker about $750,000.

Is it really worth it to attack? I mean they are spending 750K to destroy their own money, who would do that?

double spend? there will be other flaws... but currently double spend is most likely to occur with a stake of 51% or more.

pure pos is untested. we will see what future will bring.

i am into mint now as well.

ps. it would cost bitcoins. that is why "there is nothing at stake". an early adopter of bitcoin can do this. also the marketcap.. is at highest buy/lowest sell.

marketcap only takes highest buy price and multiplies that by coins available. it wouldnt take 750k usd. not even close.

so coinmarketcap is not even close to real value. simple math.

it wont be the expected 20%
you are looking at a maximum of 22%
but it wont be that because not all coins are minting with perfect 20 day cycles, some are not staking and some are being spent resetting the age

btw, i only answered out of my own will, im not scrutinizing mintcoin, i happen to be here with the source code open

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