From: rob.golding@astutium.com
To: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] Merge mining
Date: Tue, 31 Dec 2013 07:38:26 +0000 [thread overview]
Message-ID: <9aaa913f73f45db41d94d93d02eed3fa@astutium.com> (raw)
In-Reply-To: <op.w8x4c8vbyldrnw@laptop-air.hsd1.ca.comcast.net>
> 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% attack on an alt-coin beyond a short-term
diversion away from 'profitable' mining.
At least by supporting merged mining, more miners are likely to
'support' multiple coin types, thus making a 51% attack from an
individual/group less straightforward.
>> The rational decision for a non-scam altcoin, is to take advantage of
>> merged mining to get as much security as possible.
Exactly.
Rob
next prev parent reply other threads:[~2013-12-31 8:05 UTC|newest]
Thread overview: 25+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-12-29 18:53 [Bitcoin-development] Looking for GREAT C++ developer for exciting opportunity in bitcoin space Evan Duffield
2013-12-29 19:27 ` Matt Corallo
2013-12-30 23:22 ` Peter Todd
2013-12-31 1:14 ` Luke-Jr
2013-12-31 7:28 ` [Bitcoin-development] Merge mining Jeremy Spilman
2013-12-31 7:38 ` rob.golding [this message]
2014-01-04 8:49 ` David Vorick
2014-01-04 10:05 ` Jorge Timón
2014-01-04 10:08 ` David Vorick
2014-01-04 10:34 ` Jorge Timón
2014-01-01 4:53 ` [Bitcoin-development] The insecurity of merge-mining Peter Todd
2014-01-01 5:09 ` Luke-Jr
2014-01-01 5:25 ` Peter Todd
2014-01-03 19:14 ` Jorge Timón
2014-01-03 21:01 ` Peter Todd
2014-01-04 0:27 ` Jorge Timón
2014-01-06 15:44 ` Peter Todd
2014-01-09 17:19 ` Jorge Timón
2014-01-10 11:11 ` Peter Todd
2014-01-10 11:25 ` Peter Todd
2014-01-10 12:37 ` Jorge Timón
2014-01-10 12:29 ` Jorge Timón
2014-01-10 17:22 ` Peter Todd
2014-01-10 18:50 ` Jorge Timón
2014-01-03 5:11 ` [Bitcoin-development] Looking for GREAT C++ developer for exciting opportunity in bitcoin space Troy Benjegerdes
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