In lite of recent 51% attacks and crypto51.app info, rest assured that the Litecoin is extremely secure and mining is very healthy. 👍🚀
- Pools are well distributed (largest 22%)
- Hashrate up 50x (past 1 year)
- High capital costs to attack ($322-761MM + ~$38-50k/hr)
- Pools are well distributed (largest 22%)
- Hashrate up 50x (past 1 year)
- High capital costs to attack ($322-761MM + ~$38-50k/hr)
Here's a quick analysis to show that DigiByte's 5-algo system isn't more secure than Litecoin. To match the whole DigiByte network, it costs about $27MM and $1k/hr to attack. But since global hashrate for each algo dominates DigiByte's, it can likely all be rented for <$5000/hr.
