Quote from: Este Nuno on January 21, 2015, 12:03:51 PM

Quote from: ArticMine on January 21, 2015, 12:42:28 AM

Quote from: cynicSOB on January 20, 2015, 04:13:28 PM

Quote from: Daedelus on January 20, 2015, 02:56:30 PM

So, found any holes the Nxt devs missed in their implementation?

I think so... but as I said, I need some time to implement the attack and completely understand the implications... attacking still requires a lot of stake, looking how to improve that...

Which is why borrowing state becomes an option for someone wishing to attack a POS coin. That is the essence of the "Second Pirate Savings and Trust" attack.

I think borrowing coins/leased forging and such is the only major danger that I've seen thus far to a solid PoS set up like NXT. In general I think PoS communities need to be vigilant about discouraging mass lending as it seems to be the only plausible way that an attacker could gain a sufficient amount of stake.

Agreed.
But there is not enough economic incentive in Nxt forging to form such large pools.

1M Nxt would have earned about 68USD if forging 24/7 over the whole last year.