So on news.bitcoin.com today AND on Ivan on Tech we see everyone talking about the 51% attack Double Spend potential of attacking a chain by having MORE hashing power and the LONGEST chain wins and so if exchanges arent paying attention you can DOUBLE SPEND and for a few million you can make Billions! it is insane what can happen with this wild west of an economy, and none of this is illegal!
So here is the News.bitcoin.com article that I saw first today whioch blew my mind:
https://news.bitcoin.com/you-can-now-51-attack-a-coin-for-as-little-as-500/
And another related Article on how Exchanges must be on High Alert due to this structural weakness of low Hash Power Proof of Work COins! HAH So only Bitcoin and Ethereum are really safe, I bet Bitcoin Hashing power could even be turned on Litecoins network to 51% attack Litecoin, seems like if you want a Proof of Work Coin you need your OWN Proof of Work Algorythm!
And here is the website it mentions which TRACKS these Proof of Work coins you can actually 51% attack for cheap! https://www.crypto51.app/
And here is the screenshot of the actual coins you can 51% attack for as cheap as $500
And here is 
Can you believe that I have more Steempower and Followers than Ivan on Tech? I assumed he would be Steem RICH but sadly he doesn't post very much on steem, he must be making way too much money making Youtube Videos :D He does indeed get a LOT of that youtube Traffic for crypto because he has a very very logical and objective perspective and he will go over all the crypto news of the day or week so we don't have to, his show is not just for noobs it is a great way to keep up with all the news that takes him all day to collect, and people like him make it easier for all of US to catch up much faster!
So these 51% attacks are just incredible to imagine, you can basically LEGALLY take over a cryptocurrency if it uses Proof of #Work Mining because MANY of these coins use similar algorythms, either Sha-256, Ethash, Scrypt, CryptoNight, X11 or Equihash and since you can easily RENT the Hash Power to mine many different coins of many doifferent blockchain sizes, some are just SO much bigger than other smaller coins that you can DOMINATE the smaller cryptocurrencies!
Thanks for reading and this should be MORE evidence that Steem and EOS which use DPOS Delegated/Distributed Proof of Stake are the FUTURE and they cannot be 51% attacked! Stake based crypto is the ONLY way for the future and the world will come around to Steem as EOS launches in a few days! Steem will be seen as valuable when DPOS is valued as EOS becomes more popular, and Proof of Work will only be reserved for Bitcoin!
Steepshot