Edit: Nekomata
if there exists a weakness and BCX didn't exploit it, then eventually others would. He first tried to warn the developers there are such weaknesses, but he wasn't interested in attacking. Then somehow he got incited to attack because everyone was challenging his reputation. He already stated the weaknesses. What does it teach the community if he just hands over the code for his attack and doesn't actually perform it? Answer: nothing. Kids only learn not to touch the hot burners on the stove when they touch them and burn their fingers. Any way, that is my 2 cents on a speculation as to his motivation. I think BCX was not particularly thrilled with the Risto+MEW herding paradigm (or perhaps I am just projecting my own opinion), but he saw some positive attempts to create value and thus wasn't that motivated to attack. I think events after that demonstrated that he is not respected and would have to force the respect that he feels he has earned from his past peformance. I think BCX genuinely wants to see innovation and not shit. Again this is wild speculation and I could be entirely wrong. I don't hold any CN coins as an investment, thus I don't feel harmed by BCX. I contemplated buying XMR on the dip with my (
receipt of only partial payment for the) bounty, but I changed my mind based on a few things I'd rather not say. But in my theory, that is the entire point, I shouldn't be holding as an investment something which has unresolved weaknesses (and the attitude towards the issue is mixed). I have attempted to try to enumerate potential vulnerabilities in the hope of helping to incite improvements, as well for improving my own understanding of the design of crypto-currencies.
Edit#2: I understand there is a theory that BCX needs political ("FUD") support to drive the price down and thus I would be contributing to him getting cheaper coins. Risto has stated he thinks the dip in the XMR price is mostly correlated to the decline in the BTC price. My interest is in designing the best crypto-currency. I approach this thread with the attitude of investigation, exploring, and learning.
I never invest in anything that depends on politics. Thus you will never find me sensitive to all the political elements of an issue. I am sensitive to at least take the time to explain. Thus if there is anti-FUD campaign underway, I would naturally call BS on it when it is distorting facts such as the claim upthread that an event would occur every hour when the calculated probabilities are more in the realm of days to months. I understand that the objective is to just calm the naive investors and try to eliminate discussion which is perhaps irrelevant any way and which just leads to confusion for naive readers. If from my perspective it seems to be a disinformation campaign then thus I would stand against it. I guess what I am saying is I believe in a flat, open source Inverse Commons, which means we lay everything out in the open. Whereas, in a managed information state, the n00bs are only told what they need to hear or could understand and any theories about vulnerabilities would be discussed only by experts in private and n00bs would be in the dark until and
iff an attack is proven.
No idea how this relates. After reading this ... it makes me question if we should have an anonymous currency at all.
1. You don't get to decide, nature does.
2. Electronic networks have raised the
government's asymmetric power thus
destroying the healthy balance that existed before, and thus without any escape value they can unwittingly (
selfishly) drag us
into the abyss of a Dark Age.
http://armstrongeconomics.com/2014/09/28/illegal-search-seizure/COMMENT: Don’t you think the government should be able to get access to someone’s contacts if it helps solve a crime?
REPLY: You act as if no crime could have been solved before smart-phones. The old fashion way way back in ancient times before smart-phones, you had to go to a judge and tap someone’s phone and give just cause. Today, they just seize everyone’s phone calls and store everything. What you ASSUME is that everyone who works for government is honorable. James Otis in his speech that moved John Adams put it this way warning that “the liberty of every man [was being placed] in the hands of every petty officer.”
I just flew to Florida. Some TSA agent enjoys the power trip. My checked bag was broken into the lock and two zippers were just cut off destroying the bag. I say this bluntly because I was not the only one. At least 6 other bags were destroyed the same way. US Air says they do not cover zippers. US Air said TSA should have put a slip in there to notify that they inspected the bag. There was no slip in anyone’s bags. Sorry, this is the petty officer enjoying power. It is what Snowden has warned, anyone can type in your name and it all comes up. They can be bribed by an adversary, or they may just be your adversary. IT IS WRONG!
They solved crimes before 911 and smartphones. This power-trip is destroying everything that made LIBERTY something to be proud of. LIBERTY is indeed buried with the sands of time and it is destroying American technology. Comey can only see his personal power. What did the FBI do before smartphones?
