I was looking at this puppies on dodge, and remembered it's still on scrypt... and then a little idea came to my mind...
what do you think?
what do you think?
Impossible to do under current situation.
Doge+LTC = 90% of scrypt
So they are merged mined as 1 even though they are 2 coins.
In order to do a 51% attack you need to get 358th of gear.
https://bitinfocharts.com/comparison/litecoin-hashrate.html 347 th
https://bitinfocharts.com/comparison/doge-hashrate.html. 358 th
those are not separate almost entirely merged mined and a fee are mining purge doge.
so the combined gear is not 347+358 = 705th
it is likely 405th max as some may mine pure ltc and some may mine pure doge.
say 300 ltc+doge merged
and 47 pure ltc and 58th pure doge. which is 405 th in gear. or 405,000 gh which is about 805,000 l3+ miners
is all the hash in the world.
so if you can find 805,000 l3+ miners and deploy them you will have the ability to 51% attack the coin assuming no one else adds miners.
51% attacks occur on things like ETC coins which has a small fraction of gpus compared to eth and the gear need to attack the gear is already running.
If there are 805,000 spare l3+ out there right now they simply would have mined and made money. Not wreck the coin.
BTW a l3+ is going for over 1000 on ebay
https://www.ebay.com/itm/184864392152?
so 805,000 x 1300 = 1,046,500,000 1 billion in miners plus the farm to do the mining.
good luck with that attack
the farm needs to do 805,000 x .8 = 644,000 kwatts
or 644 megawatts about 1/9 of Niagara Falls power plant
To explain it better is it is actually more secure than any coin but btc
btc then doge then ltc. but doge and ltc are interlinked
