Is piratecoin a real thing? 😂😂😂
Discussion
Yes. You can even do a 51% attack on the network for a whopping 45$/hour 😬🤣🤣🤣
A quick look into it, and it appears that to attack Pirate you need to attack KMD and LTC at the same time.
"As an added security against 51% double-spend attacks, Pirate Chain utilizes Delayed Proof of Work, which indexes Pirate Chain's Proof of Work blockchain onto Komodo’s and Litecoin’s blockchain. In doing so, any attempts to attack Pirate Chain's blockchain will first need to overcome both these blockchains. The average transaction time for Pirate Chain is 1 minute. The current anonymity set is 3,898,975."
I wonder what’s the cost of a 51% attack on both of those
Interesting, nonetheless.
I don’t know much about coins other than bitcoin. Seems counter intuitive to me that a decentralized blockchain depends on another decentralized one