I am quoting post with discord from 23/11/2019
"phantom nodes affects also dash
It is a general phenomenon in every masternode coin except 2 small ones
We would be the 3 out of thousands to beat them.
Many coins say it doesn’t matter as long the people buy „our“ coins we give a shit about
As we have 70% locked coins, phantom nodes can NOT do a harm to us. It is only a danger for coins with high collateral and only a few nodes. If these few nodes are fake, the network can collapse
The stakegrinding is also no vulnerability imho as we have that much locked coins and people with millions of coins in real wallets. So the Effect someone could do is not really their. It’s like stealing a hand bag from an old person.
Phantom nodes = all masternode coins and stakegrinding = pivx forks"Is it sure it is
It’s like stealing a hand bag from an old person.?
Each of us knows math. It's easy to calculate how much teloscoin has "
hand bag from an old person"
So let's do a little calculation:
a) Currently there is a
block 1691904 (Block hash: 0a094de43a96e7b3149c7642898317a1fe65fa03afe1b21673d81e0581e0e584)
b) as I showed you posts, about 25% out of 100 blocks were and are used by fraud (hand bag from an old person by GrumpyDev).
Let's make the calculations:a)
25 teloscoin from block (of course, there were more teloscoins before, i.e .: 200 teloscoin from block, then halving 100 teloscoin from block, then halving 50 teloscoin from block, and halving 25 teloscoin from block).
1691904 blocks x 25 teloscoin x 25% = 10 574 400 Teloscoin Converted to dollars 10 574 400 Teloscoin x 0.00378366$ = 40 013 $
b)
50 teloscoin from block (of course, there were more teloscoins before, i.e .: 200 teloscoin from block, then halving 100 teloscoin from block, then halving 50 teloscoin from block, and halving 25 teloscoin from block).
1691904 blocks x 50 teloscoin x 25% = 21 148 800 Teloscoin Converted to dollars 21 148 800 x 0.00378366$ = 80 027 $
As we can see from the calculations proverbial
"hand bag from an old person" owns and has probably sold 10 574 400 Teloscoin - 21 148 800 Teloscoin. Currently is 185 061 793 teloscoin, this means that over 5% of all teloscoins go to fraudsters who exploit a bug in the teloscoin code source.
As you can see from previous posts, the Transcendence team attacks, insults, provides private personal data of people who talk loudly about the bug in the teloscoin source code.Why is the Transcendence team committed to accepting a bug of source code bug?
Now you have to answer for yourselves whether it is a lot or a little for
"hand bag from an old person" ...