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Just want to note that there’s no risk in holding a token due to 51% attacks (except for the external issues such as loss of value and hard fork proposals). No
by ghayes 8y ago
Just want to note that there’s no risk in holding a token due to 51% attacks (except for the external issues such as loss of value and hard fork proposals). No one can spend your assets, it’s just another transaction may double spend (so you could lose incoming tokens).
- krab 8y agoSuch attacks may lower the value of your tokens by undermining the trust in the currency though.
- theraccoonbear 8y ago"except for the external issues such as loss of value" that was literally stated
- elyobo 8y agoLiterally stated, but sort of missing the point. Paraphrased: there's no risk, except that you lose all of your money (because your coins are now worthless).
- RobLach 8y agoNo risk in getting shot either I suppose, except for the issues of bleeding out or puncturing a critical organ.
- krab 8y agoIt was not stated at the time of my comment. :-)
- Natanael_L 8y agoDepends on how far back they're capable of rewriting the chain.