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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



  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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