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RE: Koin "Hacked" By GPU Mining!

in #koin4 years ago

this is not a "hack". If the provided solutions for the PoW algorithms in place are valid, there is nothing wrong with calculating them in any way a miner wants to. The work is done and proven, that is how PoW works.
Using a quantum computer to produce a BTC block in a few seconds calculation time would be no "hack", either. A "hack" would be to use the same quantum computer to factor old bitcoin 1xxxxx address' keys and sign a transaction stealing Satoshi's BTC 😀