Topic: How many ppc required to make 51% attack? (Read 397 times)
Anyone can help with my question? thanks in advance
Sunny claimed that in order to successfully conduct a 51% attack on peercoin, the attacker is not only require 51% of network hash but also possess 51% of all peercoin. However, I have read a few articles that claims it is not true. The articles indicated that the attacker only need to have 51% (or may even less) of existing ppc that are currently actively on minting. If this is true, then the amount of ppc require would be significant less than 51% of all ppc and this will make the ppc much vulnerable than I thought. Can anyone who is capable to read Sunny's protocol give me an answer? Thank you very much. The level of the security of this coin will play a big part on my decision on how much fund I am going to invest into ppc.
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