The aim of this task is not to cause any damage, rather demonstrate that 51% technique can be carried out on low hashing coins.
The project involves carrying out a 51% technique on PoW. The URL below instructs how to carry out the this technique successfully.
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Your job will be;
1. Go through the url and understand what is expected.
2. Choose a low hashing coin which is on PoW concensus and the mining cost is minimal.
3. Determine that an exchange has atleast $1 of that coin so that the 51% technique could be implemented on the coin demonstrating double spending.
4. Guide us through the process of mining of the coin and help building the longest chain . As we don't aim to buy mining machine for mining longest chain, so nicehash will be used for mining.
5. Determine that a succesful double spend is possible .
Bottom Line: Step 1-3 hsould not take more than 1 hour. Your main job will be helping us with step 4 and 5 to mine that coin and build the longest chain to carryout double-spending.
Note: The experiment is for educational purposes and not to cause any damage .