That's not true for all altcoins however

Its always hilarious when someone launches an L1 with an algorithm everyone can already dominate and it gets attacked immediately

Last time I saw that was on photonics processor blockchains

scyclow 4 days ago | parent | prev [-]

Pretty much everything other than bitcoin, monero, and dogecoin are running proof of stake these days anyhow, so it kind of doesn't matter.

	▲	OutOfHere 4 days ago \| parent \| next [-]
		Litecoin goes in that PoW group too. In fact, Litecoin has an optional privacy feature called MWEB, which is probably why Litecoin too got kicked off of being named on some conventional news sites.
	▲	subsistence234 3 days ago \| parent \| prev [-]
		KAS is PoW, at ~240 times the hash-rate of LTC, ~120 000 000 times the hash-rate of XMR, and 0.0007 times the hash-rate of BTC. Obviously not really comparable... https://poolbay.io/coins