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    Pwc 51% attack and dev give up--\> coin dead

    Feathercoin Discussion
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    • G
      groll Regular Member last edited by

      FYI, lets prepare for many coin attacks in near future as this was a success to kill a coin
      Feathercoin will not be immune, and any new 51% will be more damaging to all alt as conidence will erode pretty fast

      https://bitcointalk.org/index.php?topic=239794.0

      p.S. i don’t agree with him doing that so fast, but alt need a 51% attack protection unless they can waranty 2.5G for Scrypt type all the time

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      • J
        justabitoftime last edited by

        [quote name=“groll” post=“17009” timestamp=“1371929221”]
        FYI, lets prepare for many coin attacks in near future as this was a success to kill a coin
        Feathercoin will not be immune, and any new 51% will be more damaging to all alt as conidence will erode pretty fast

        https://bitcointalk.org/index.php?topic=239794.0

        p.S. i don’t agree with him doing that so fast, but alt need a 51% attack protection unless they can waranty 2.5G for Scrypt type all the time
        [/quote]

        Exactly, that’s why we’ll implement this:

        http://forum.feathercoin.com/index.php?topic=1878.0

        Although you can never 100% protect, you can certainly reduce the attack surface. I agree, be prepared for additional ‘attention’.

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        • ghostlander
          ghostlander Regular Member last edited by

          Powercoin is dying not because the 51% attack has messed it up completely. It’s dying because the developer seems weak. He couldn’t manage the project properly and gave up easily.

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