📅 Original date posted:2014-01-04
📝 Original message: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 dogecoin, you almost certainly
have a huge vested interest in cryptocurrencies doing well. By attacking
dogecoin successfully, you'll cast doubt on the entire cryptocurrency
ecosystem and hurt yourself in the process.
On Sat, Jan 4, 2014 at 5:05 AM, Jorge Timón <jtimon at monetize.io> wrote:
> 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...
>
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David Vorick [ARCHIVE] /
npub14h…9yjx0
2023-06-07 15:11:29
in reply to nevent1q…pggg
Author Public Key
npub14h948ndawt32ps3y225sslch8344tmw8k5z0lxuxr6wq9tu6sl2qj9yjx0Published at
2023-06-07 15:11:29Event JSON
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"content": "📅 Original date posted:2014-01-04\n📝 Original message:It's meant to be in favor of merge mining.\n\nDogecoin uses scrypt, which is a very popular algorithm. If any large\ncurrency were to be attacked through merge mining, it would probably be\nlitecoin miners attacking dogecoin. But if you control enough of the\nlitecoin network to do attack mining against dogecoin, you almost certainly\nhave a huge vested interest in cryptocurrencies doing well. By attacking\ndogecoin successfully, you'll cast doubt on the entire cryptocurrency\necosystem and hurt yourself in the process.\n\n\nOn Sat, Jan 4, 2014 at 5:05 AM, Jorge Timón \u003cjtimon at monetize.io\u003e wrote:\n\n\u003e On 1/4/14, David Vorick \u003cdavid.vorick at gmail.com\u003e wrote:\n\u003e \u003e If you have the resources to attack one of the bigger altcoins, you\n\u003e \u003e probably have a significant investment in the cryptocurrency space, and a\n\u003e \u003e significant interest in protecting it. Compromising even something like\n\u003e \u003e dogecoin would cause a lot of questions to be raised and likely drop the\n\u003e \u003e value of bitcoin as well as all the cryptocurrencies using the same work\n\u003e \u003e function as dogecoin.\n\u003e \u003e\n\u003e \u003e Right now, there's very little benefit to attacking a significant\n\u003e currency,\n\u003e \u003e because it would be very expensive and likely traumatize the whole\n\u003e system.\n\u003e \u003e Unless it's some power like the NSA, I don't think there's much to worry\n\u003e \u003e about.\n\u003e\n\u003e The launch thread says it clear: \"very scrypt, such random, much\n\u003e profit, wow, many coin\".\n\u003e So it seems that Dogecoin doesn't use SHA256 like Bitcoin, but scrypt\n\u003e like most of the other scamcoins.\n\u003e Anyway, I don't see anything in your comment in favor or against\n\u003e merged mining...\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140104/b5885f64/attachment.html\u003e",
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