Jorge Timón [ARCHIVE] on Nostr: 📅 Original date posted:2014-01-04 📝 Original message:On 1/4/14, David Vorick ...
📅 Original date posted:2014-01-04
📝 Original message:On 1/4/14, David Vorick <david.vorick at gmail.com> 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 raised and likely drop the
> value of bitcoin as well as all the cryptocurrencies using the same work
> function as dogecoin.
>
> Right now, there's very little benefit to attacking a significant currency,
> because it would be very expensive and likely traumatize the whole system.
> Unless it's some power like the NSA, I don't think there's much to worry
> about.
The launch thread says it clear: "very scrypt, such random, much
profit, wow, many coin".
So it seems that Dogecoin doesn't use SHA256 like Bitcoin, but scrypt
like most of the other scamcoins.
Anyway, I don't see anything in your comment in favor or against
merged mining...
Published at
2023-06-07 15:11:28Event JSON
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"content": "📅 Original date posted:2014-01-04\n📝 Original message:On 1/4/14, David Vorick \u003cdavid.vorick at gmail.com\u003e wrote:\n\u003e If you have the resources to attack one of the bigger altcoins, you\n\u003e probably have a significant investment in the cryptocurrency space, and a\n\u003e significant interest in protecting it. Compromising even something like\n\u003e dogecoin would cause a lot of questions to be raised and likely drop the\n\u003e value of bitcoin as well as all the cryptocurrencies using the same work\n\u003e function as dogecoin.\n\u003e\n\u003e Right now, there's very little benefit to attacking a significant currency,\n\u003e because it would be very expensive and likely traumatize the whole system.\n\u003e Unless it's some power like the NSA, I don't think there's much to worry\n\u003e about.\n\nThe launch thread says it clear: \"very scrypt, such random, much\nprofit, wow, many coin\".\nSo it seems that Dogecoin doesn't use SHA256 like Bitcoin, but scrypt\nlike most of the other scamcoins.\nAnyway, I don't see anything in your comment in favor or against\nmerged mining...",
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