Topic: Which ALTS would be the hardest to shut down ??? (Read 770 times)
well for me i'll vote to LTC or litecoin because this is the 2nd copy paste of bitcoins before.. they are just different price but it is trending too before last year when i was new using litecoin.. they are just also great.. and i think it is hard to shutdown because this altcoin is oldest one..
Those having the highest demand. Put it another way, alts with the highest number of monetary-motivated users who be ready to tie up more money and resources into setting up more full nodes when, say, a good amount of existing nodes goes down or get tampered with, and shielding them against ddos attacks.
Doge and LTC !
They have exist for a long long time and also they still get their support based on the forum activity
and also quite high volume on some exchanger
They have exist for a long long time and also they still get their support based on the forum activity
and also quite high volume on some exchanger
ethereum and dash are big enough that it's hard to shut down right now, zcash will be big also, all the major altcoin with high marketcap and strong network are good candidate
I more meant at a detect and locate level.
If we are talking about, detect through the IP or ISP service and teach how many chances of them(accuracy) for detecting it.
It makes a lot of legal institution was ignoring it.
State actors shutting down top 100 ALT's - pretty improbable.
It depends on where the miners are located. Any alt that has most of it's mining done behind the Great Firewall of China is vulnerable. The Chinese are cracking down on money moving out of their country, but at the moment are focusing on the "big" movements of cash to buy property in places like Australia and Canada. At some point they'll focus on bitcoin and litecoin and all the alts mined in China, if the market cap moves up to a point where it is on their radar.
The safest alts are alts like Steem where the developers and mining control is in the west.
Yeah I understand what you mean that the most widely used would be most difficult to shut down in that way.
I more meant at a detect and locate level.
I more meant at a detect and locate level.
Well, in the case of Altcoin, I do not know which one will survive if all the world government just simply decide to ban all crypto transactions. Bitcoin will probably be the one of the last one to stand because its have a strong and big community.
Something come up to my mind while I was typing the above text. Well, maybe another Altcoin might just survive the hypothetical scenario that you describe ... that's ... a darknet altcoin. An altcoin which only a few of us know (I'm not saying me) - maybe to the extend that no one in this thread are aware of it ...
Well, that is darknet and crypto.
Something come up to my mind while I was typing the above text. Well, maybe another Altcoin might just survive the hypothetical scenario that you describe ... that's ... a darknet altcoin. An altcoin which only a few of us know (I'm not saying me) - maybe to the extend that no one in this thread are aware of it ...
Well, that is darknet and crypto.
I agree with you Bitcoin will be the last Coin standing, so much investment has gone into Bitcoin project and also if it is difficult for government to shut down torrent sites I doubt they will with Bitcoin. I don't think they see other Altcoins as real threat, they understand once you cut off the head the body dies since 99% of these Altcoins derive their value from Bitcoin
Well, in the case of Altcoin, I do not know which one will survive if all the world government just simply decide to ban all crypto transactions. Bitcoin will probably be the one of the last one to stand because its have a strong and big community.
Something come up to my mind while I was typing the above text. Well, maybe another Altcoin might just survive the hypothetical scenario that you describe ... that's ... a darknet altcoin. An altcoin which only a few of us know (I'm not saying me) - maybe to the extend that no one in this thread are aware of it ...
Well, that is darknet and crypto.
Something come up to my mind while I was typing the above text. Well, maybe another Altcoin might just survive the hypothetical scenario that you describe ... that's ... a darknet altcoin. An altcoin which only a few of us know (I'm not saying me) - maybe to the extend that no one in this thread are aware of it ...
Well, that is darknet and crypto.
State actors shutting down top 100 ALT's - pretty improbable.
Dapps like DAO - well, the hacker did a pretty good job shutting that down. However, after the Eth fork the DAO can be relaunched if there is a demand for it.
The biggest threat is blocking or attacking infrastucture like fiat gateways.
Centralised mining is not so much of a problem as long as the players are not a cartel - if top miners get picked off, hundreds will join at the bottom due to decreased difficulty/increased profitability.
Maybe worker drones in the gig economy should start requesting payment via BTC or Alts - that would be a major development if even 1% were paid that way. Maybe this will help. https://bitcointalksearch.org/topic/buy-chronotech-time-on-kucoincom-1680361
Dapps like DAO - well, the hacker did a pretty good job shutting that down. However, after the Eth fork the DAO can be relaunched if there is a demand for it.
The biggest threat is blocking or attacking infrastucture like fiat gateways.
Centralised mining is not so much of a problem as long as the players are not a cartel - if top miners get picked off, hundreds will join at the bottom due to decreased difficulty/increased profitability.
Maybe worker drones in the gig economy should start requesting payment via BTC or Alts - that would be a major development if even 1% were paid that way. Maybe this will help. https://bitcointalksearch.org/topic/buy-chronotech-time-on-kucoincom-1680361
you can never shut down crypto currencies! and the bigger the number of users a crypto currency has the harder it would be to hit it.
and as for altcoins they either die or if they have something to contribute they will stay alive and people will keep on using them as long as there is a development and there is an internet connection.
and as for altcoins they either die or if they have something to contribute they will stay alive and people will keep on using them as long as there is a development and there is an internet connection.
Litecoin and monero seems a safe investment but I'm looking at other algos like Burst coin where you are mining coins using your storage,it is a new and unique mining technology that uses your hard drive store but I could be wrong,I'm just impressed in their userbase.
After bitcoin there is only litecoin if we are talking about solid support thru mining, maintaining of nodes and a sizable enough hash power. Many scrypt based coins merge mine with LTC so it shows that it is stable. Monero might be a close third. As the value of the coin keeps rising, we will see more people mining this.
For a really bad scenario, the safest coins would be LTC and XMR for me only if I cannot hold BTC.
For a really bad scenario, the safest coins would be LTC and XMR for me only if I cannot hold BTC.
yeah it pretty much depends on the size of the coin's user base
Anything on the internet is almost impossible to shut down, yes they might try to ddos the network even for few days but since it's on the internet it will be a hard job to do.
i do not think that it is that easy to shut down the entire network and that is the reason it is a decentralized network as you cannot shut down a specific node ,if at all if the government want to ban the currency i cannot understand how they can do that and how successful it will be .
Would some alts be a lot more difficult to shut down than others?
For example IF the euro union/US/ etc tried to blanket ban crypto which could survive if they went after them at an isp level or deeper level (that may be possible but i don't understand)?
How would bitcoin/litecoin do compared to zcash/xmr or pos vs pow would there be little difference if they really wanted the party over?
They couldn't. Impossible for isp level. The best answer was bitcoin. Alt? no more. But the alt was getting spread around the world were becoming difficult to get shut down.For example IF the euro union/US/ etc tried to blanket ban crypto which could survive if they went after them at an isp level or deeper level (that may be possible but i don't understand)?
How would bitcoin/litecoin do compared to zcash/xmr or pos vs pow would there be little difference if they really wanted the party over?
The hardest to shutdown is the ones with the more powerfull and descentralised mining, the problem is that with the time the mining is becoming more and more centralised... I heard that monero has plans to implement smartmining making every people running the official software a miner, hope that it bring some descentralising to the table
The smartmining, Sounds good for me.
The hardest to shutdown is the ones with the more powerfull and descentralised mining, the problem is that with the time the mining is becoming more and more centralised... I heard that monero has plans to implement smartmining making every people running the official software a miner, hope that it bring some descentralising to the table
Would some alts be a lot more difficult to shut down than others?
For example IF the euro union/US/ etc tried to blanket ban crypto which could survive if they went after them at an isp level or deeper level (that may be possible but i don't understand)?
How would bitcoin/litecoin do compared to zcash/xmr or pos vs pow would there be little difference if they really wanted the party over?
For example IF the euro union/US/ etc tried to blanket ban crypto which could survive if they went after them at an isp level or deeper level (that may be possible but i don't understand)?
How would bitcoin/litecoin do compared to zcash/xmr or pos vs pow would there be little difference if they really wanted the party over?
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