Please stop trying to pretend that Monero's measily hashrate is secure! You are both lying.
The "attacker" can rent 1000X more botnets than you can. That was the entire point of the "attacker's" blog article.
'NotBack you are going of the deep end a bit here. The difficulty stratosphere attack you've described doesn't work very well against Monero if you work out actual numbers.
If you wanted to drive up the difficulty 1000x then you would need something approaching a billion typical (old, insecure, low powered) botnet nodes. If you wanted to use higher performance computers say from cloud computing you'd need 10 million or so, which is good portion of the capacity of the big cloud computing vendors. To rent that you would have to displace most or all of their other paying customers (or in the case of vendors such as Amazon or Google, their own usage). That won't happen.
Or a combination of both. Don't say what will happen when China can easily build that computer power if you threaten their Bitcoin mining cartel. If you think the computer power mining Monero is a significant fraction of world computing power, you have a few screws loose in your head.
I don't appreciate your insult. Should I return the insult or will you be a little be more circumspect from here on?
Now lets say you did manage to, somehow, drive the difficulty up 1000x. You would drive the average block time from 2 minutes to 2000 minutes which is around a day and a half. The chain would not completely stall, it would continue to generate blocks at this slow rate.
Incorrect. The attacker would with a much lower level of hashrate than the initial attack be able to win a block every 2000 minutes and thus block all transactions except his, so he can exit the coin with his mining rewards. With Monero he can even hide his coins, so no one knows! Doubly-fucked because of the anonymity.
Those blocks would feed into the difficulty adjustment and after a few days the block time would rapidly begin to come down. It would still be slow for quite a while, but the severity would subside.
Look there are tradeoffs on security when you have the adjustment fast or slow and the attacker can game which ever weakness you enable. If too fast, he can fire up his hashrate again for only a very short period of time to start another period of 2000 minute block periods.
Meanwhile, the blocks would be full of high-paying transactions and the block size would increase. The network would hobble along until it self-healed.
Fucking wrong as wrong can be.
Please stop fucking with me.
I asked you Monerotards to stop wasting my time.