Geni, it's the "Day of the Dead" now so I want to attempt to resurrect
this thread.
Is FoldingCoin still vulnerable to a 51% attack? What is a 51% attack?
Do you think it is reasonable for the Foundation to convert bitcoin to
FoldingCoin as part of its program to source clean electricity?
Best regards,
Jim
On Fri, Apr 13, 2018 at 7:21 AM James Salsman <jsalsman(a)gmail.com> wrote:
Cryptocurrency. If your first thought isn't
"how could a scammer
exploit this" you are doing it wrong.
I've thought about that for several hours now, and I'm sure scammers
far prefer bitcoin. Folding@Home's lab director is a partner
Andreessen Horowitz, so he has certainly had no lack of resources to
defend against the possibility, and I am persuaded that the Indiana
nonprofit behind FLDC is sincere and acting in good faith at present.
If the Foundation is hesitant, they might sponsor an audit of either
or both, but the Folding@Home project is so established that its
article is featured on enwiki.
I have no financial interest in any cryptocurrency, and I never have,
and I don't have a familial interest with anyone who I am aware has
any either.
Best regards,
Jim