It's a pointless fork.
So let it die on its own merits. The market will take care of it without your help.
Topic: Anyone with a lot of MH/s want to fork the TerraCoin chain? - page 3. (Read 4201 times)
So let it die on its own merits. The market will take care of it without your help.
What would happen if you took control ?
Whoever owns the 51% fork invalidates all the coins that were mined on the opposing fork and also invalidates all transactions that occurred on it.
It's not really like a denial of service attack, it's more like owning a 51% share in a company and thus being able to decide the fate of the chain and its contents. I'm pretty sure that because of this it's also not illegal to fork a chain with a 51% attack because you're operating within the protocol of the system.
Well it's definitely not illegal, but it's also not cool. Let people play around with it- I'm in particular having fun with it. It's not Bitcoin 2.0 it's like 'little bitcoin'.
It's hardly pointless, leave it alone. It doesn't hurt bitcoin and whats the point? You can fork bitcoin as much as you want- it's open source! So now ever time someone forks it you'll rush in to mess it up? What sense does that make? Bitcoin loses nothing from it, leave it alone.
TerraCoin doesn't really change anything in the bitcoin chain except for the block rate and diff retarget rate. I don't think it serves any useful purpose except as a pump n' dump scheme.
It doesn't matter if it gets 51%'d now or not, it'll be dead in a month due to merged mining anyway.
It's a pointless fork.
It's actually worse than pointless, since the addresses used start with a 1 the same as bitcoin. This is something that the creators of the other alternate chains did not mess up! A terracoin address is not easily identifiable as a terracoin address. It doesn't matter if it gets 51%'d now or not, it'll be dead in a month due to merged mining anyway.
It's a pointless fork.
TerraCoin doesn't really change anything in the bitcoin chain except for the block rate and diff retarget rate. I don't think it serves any useful purpose except as a pump n' dump scheme.
It doesn't matter if it gets 51%'d now or not, it'll be dead in a month due to merged mining anyway.
It's a pointless fork.
It doesn't matter if it gets 51%'d now or not, it'll be dead in a month due to merged mining anyway.
It's a pointless fork.
Why would you ever kill a chain?
Bring it on, kids. *Checks eligius hashrate* Just kidding, don't bring it on.
Bring it on, kids. *Checks eligius hashrate* Just kidding, don't bring it on.
What would happen if you took control ?
Whoever owns the 51% fork invalidates all the coins that were mined on the opposing fork and also invalidates all transactions that occurred on it.
It's not really like a denial of service attack, it's more like owning a 51% share in a company and thus being able to decide the fate of the chain and its contents. I'm pretty sure that because of this it's also not illegal to fork a chain with a 51% attack because you're operating within the protocol of the system.
What would happen if you took control ?
Pffffff
...I like how there doesn't even seem to be a sense of moral outrage about this, I guess no one has confidence in TerraCoin anyway. 
Luke-Jr. said if I asked him nicely enough he'd code us a quick 51% attack client for TerraCoin.
Anyone in?
Anyone in?
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