Ok so I read the code can be revealed in the above scenario. This has many implications to security. I know security is an extremely high priority for the Navajocoin Anonymous Development team. The other alternative is to get an expensive third party verification of the code and then have 0 masternodes. Then the other alternative is reveal the code and Free verification as many can tweak the code for their masternode setup it can be verified by any third party. Witch solves a problem of trust in the system in a Anonymous transaction overall . I hope i make since
Regardless the implementation is going to make a huge difference to daily volume dependent on what is chosen. It could be already finished or just starting only they know On the other hand this could be a new birth of new code in how Masternodes run that is tweakable but only exclusive to how Navajocoin works and only compatible with Navajo Coin. This is why I started this topic on this forum this is what I personally think about in my next round of investing. The decisions of implimentation will influence what I do.Thats why im relaxed but excited as well. Please continue this topic as its very important to ultimate daily volume
Also please let me know of im right or wrong totally in the write direction or wrong . Just dont stay silent ......
You're right, this sure brings a lot of security risks as the whole wide world is able to find bugs/vulnerabilities in the code and abuse them. To prevent this from happening DASH (previously known as Darkcoin) underwent a thorough security audit by a professional security consultant named Kristov Atlas before going open source. Go ahead and take a look at the results of the DASH (Darkcoin) code review.Regardless the implementation is going to make a huge difference to daily volume dependent on what is chosen. It could be already finished or just starting only they know On the other hand this could be a new birth of new code in how Masternodes run that is tweakable but only exclusive to how Navajocoin works and only compatible with Navajo Coin. This is why I started this topic on this forum this is what I personally think about in my next round of investing. The decisions of implimentation will influence what I do.Thats why im relaxed but excited as well. Please continue this topic as its very important to ultimate daily volume
Also please let me know of im right or wrong totally in the write direction or wrong . Just dont stay silent ......
So whether the NAV team decides to use the DASH source code and alter it, use another alternative, or write their own code from scratch, a thorough security audit of the code is always highly advisable before even thinking about going open source. With that in mind, doing so will require some effort from the community in terms of a fundraiser. Security audits are not for free, in fact they cost quite some money.
Development and code review are only a small portion of realizing a Masternode system, there's much more to it than just writing and reviewing code. If this whole process of creating a Masternode system is properly and carefully executed, and is especially well thought out I'm confident this coin has a chance to become a direct competitor with some of the top anon coins out there.
The DASH security audit was cloud funded. Continued steady progress down the development path will make it easier to cloud fund one for Nav.
Very impressed with the the way the cloud funding was done.
