What's interesting to me is that the bit game theory that is supposed to make such an attack unprofitable seems not to be holding here. Supposedly the idea that the blockchain was insecure would devalue the coin to such a degree as to disincentive people from attempting these sorts of attacks. I see virtually no movement in the price of BTG and relatively little in XVG (also attacked this week). If anything, the fact that the chain's integrity can be compromised and nothing happens appears to undermine a core assumption of Nakamoto consensus.
>Supposedly the idea that the blockchain was insecure would devalue the coin to such a degree as to disincentive people from attempting these sorts of attacks
The original claim was:
>He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth
what satoshi didn't take into account, is the rise of "cloud mining" services and thousands of competing "alt-coins" using the same hashing algorithm.
