Don't use 1234 as your password

Re:Don't use 1234 as your password by brownbat on Sunday November 17, 2013 @09:46PM (#6752193)

Alright, I'll bite. Why did the attacker mine primecoin (rather than bitcoin, or any of a dozen other cryptocurrencies)?

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Re:Don't use 1234 as your password by timpattinson on Sunday November 17, 2013 @10:07PM (#6752257)

Because primecoin is easier to mine because of the difficulty rate

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Re:Don't use 1234 as your password by vbuterin on Sunday November 17, 2013 @11:18PM (#6752507)

More precisely, Bitcoin mining is dominated by specialized hardware (ASICs), so non-specialized computers have almost zero impact or revenue potential in the Bitcoin network. Litecoin and Primecoin are less ASIC-friendly, so ordinary computers stand a better chance at actually finding a block because they don't have the massively overpowered competition.

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Re:Don't use 1234 as your password by brownbat on Monday November 18, 2013 @12:18AM (#6752719)

I guess the better question is why not Litecoin.

Or if you're going for something really obscure, why not Junkcoin?

I guess PrimeCoin is in 6th in capitalization... maybe it's in that sweet spot of not overly competitive but still capable of retaining some value: http://coinmarketcap.com/

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