Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017...
by tromp on Tuesday December 01, 2020 @06:30AM
(#25264339)
> Proof of work's security properties are broken for everything that isn't BTC, ETH (although this will change soon) and whatever the dominate CPU coin is
PoW secures any coin that dominates the daily issuance of all coins (efficiently) using the same hardware. So the different hardware classes are
PoW secures any coin that dominates the daily issuance of all coins (efficiently) using the same hardware. So the different hardware classes are
CPUs
GPUs
SHA256 ASICs
scrypt ASICs
Equihash ASICs
X11 ASICs
etc...
and each one can secure one dominant coin.