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Reasons , POS will not protect a coin if it has under a few billion coins,
But yet they push it being rare as adding value, it is a danger to POS security.
But yet they push it being rare as adding value, it is a danger to POS security.
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Where did you get his from?
You Know Where :
hashProofOfStake <= [Coin-age] x [Target]
[Coin-age] = [amount of coins] x [days in stake]
Coin-Days = Coin-age * block size.
weight = coin age * balance
Sorry, I fail to see the point here. What do you mean by “pushing it being rare” .. the coin mechanics were well known to everyone who opened the ANN thread. It’s clear what the rollout plan is. Why would we change anything now, especially something defacing like adding more coins. There are plenty of 100% PoS coins with small amount of coins, don’t they feel threatened? Could you check on their threads as well please? Why do you think your solution is the best one? You Know Where :
hashProofOfStake <= [Coin-age] x [Target]
[Coin-age] = [amount of coins] x [days in stake]
Coin-Days = Coin-age * block size.
weight = coin age * balance
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Yo Genius , i am Argon18 , UtahJohn is another person , are you 2 daft to understand that!
I siad:
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Obtaining 50k is not that trivial. It's unlikely someone spent so many BTC to attack just for lolz (losing their own invested money in the process).
Reactor is hidden well enough and finding out who holds keys or knows the IP address would be much hassle.
As mentioned before, Diamond due to its mechanics is much better secured (naturally) than so many other pure fast staking PoS coins. I do not believe we are at the top of the hit list, even if such list exists.
It's the same argument I voiced today. You could have easily read that and responded to, but you didn’t and preferred to keep using your own. That’s why I fear we might be at disagreement with each other. Reactor is hidden well enough and finding out who holds keys or knows the IP address would be much hassle.
As mentioned before, Diamond due to its mechanics is much better secured (naturally) than so many other pure fast staking PoS coins. I do not believe we are at the top of the hit list, even if such list exists.
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Not Fear, Facts which are being Ignored.
Let me inform you of some human nature, criminals will go after an easy target of lessor value, before going after a higher value with more protection. Homes & Banks are robbed because they are easier targets than Fort Knox.
If you talk about value, how much ‘value’ would their coins have? Do you think people would suddenly rush to buy DMD if they learnt about what happened? This also implies there would be no reaction from our part. Let me inform you of some human nature, criminals will go after an easy target of lessor value, before going after a higher value with more protection. Homes & Banks are robbed because they are easier targets than Fort Knox.
Buying 70k is not easy but selling such amount quickly is even harder.
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You want the answer to that , all someone has to do is watch your Block Explorer here:
https://chainz.cryptoid.info/dmd/#!network
and
https://chainz.cryptoid.info/dmd/#!rich
To pinpoint your ip address and start their DDOS.
Take only checking it a few days to find it and zap it offline.
Now tell me that is impossible too.
Or do you want me to post a how to like the one for coin control so anyone can do it.
Hmm… by looking at this: https://bitcointalksearch.org/topic/is-it-possible-to-track-ip-address-from-block-explorer-165786 I think you can't. And even if you could how would you know it was the real IP not some of the masking layer, easily switchable. https://chainz.cryptoid.info/dmd/#!network
and
https://chainz.cryptoid.info/dmd/#!rich
To pinpoint your ip address and start their DDOS.
Take only checking it a few days to find it and zap it offline.
Now tell me that is impossible too.
Or do you want me to post a how to like the one for coin control so anyone can do it.
I also don’t feel you answered some of my questions and avoided the rest.
Hope we can find common understanding.
!
