On 1/4/14, David Vorick wrote:
> It's meant to be in favor of merge mining.
>
> Dogecoin uses scrypt, which is a very popular algorithm.
Also, MS windows is a very popular operative system.
That's a fallacy:
http://en.wikipedia.org/wiki/Argumentum_ad_populum
> If any large
> currency were to be
It's meant to be in favor of merge mining.
Dogecoin uses scrypt, which is a very popular algorithm. If any large
currency were to be attacked through merge mining, it would probably be
litecoin miners attacking dogecoin. But if you control enough of the
litecoin network to do attack mining against
On 1/4/14, David Vorick wrote:
> If you have the resources to attack one of the bigger altcoins, you
> probably have a significant investment in the cryptocurrency space, and a
> significant interest in protecting it. Compromising even something like
> dogecoin would cause a lot of questions to be
If you have the resources to attack one of the bigger altcoins, you
probably have a significant investment in the cryptocurrency space, and a
significant interest in protecting it. Compromising even something like
dogecoin would cause a lot of questions to be raised and likely drop the
value of bit
> But there's so much 'dry powder' out there (GPUs), I wonder if *not*
> supporting merge-mining is any better? At least the attacker has to do
> some unique PoW, so you hope it's costing them something.
With lots of people having access to 100TH+ there's not really much
'cost' to doing a 51% att
Merge mining lets Bitcoin miners support or attack an alt-coin without any
additional cost for their proof-of-work.
Since bitcoin miners have to install software to build and claim blocks in
the alt-coin, the percentage of bitcoin hashing power reflected toward the
alt-coin will follow some
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