51pool.org[UPDATED 7/31/15 @11:36 PM UTC]

blckeaglsblckeagls Member Posts: 5
edited July 2016 in Mining
People colluding to gain 51% is not an attack. It is a hostile takeover. This is done in businesses where a company buys 51% of the shares of a organization. What that company does after it has control is up to the owners.

51pool.org is doing just this. It is providing the opportunity for people to collude together to "purchase" a business. Once they have 51%, they own the network and are absolutely allowed to control their network how they deem fit. Right now, ETC is 100% colluded with people operating the network how they decide. Someone coming into to take 51% ownership is no different than the collusion that is happening right now on ETC or ETH or BTC

Port 8888: Working
Port: 8008: Working
Post edited by blckeagls on

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