Post
Topic
Board Announcements (Altcoins)
Re: [ANN][YAC] YACoin ongoing development
by
Beave162
on 13/07/2015, 00:09:45 UTC
Reference my edit to my previous post:

Quote
Following your mindset but adding in the understanding of how mining works, the realistic course of events that would have to occur is for the price to drop so much that it is a) no longer profitable for the attacker to dedicate so much of his resources and/or b) the attacker misses, and realizes, the opportunity cost of mining other coins. Of course, there is the possibility that the 'malicious' miner simply will waste resources to destroy YAC or somehow believe that mining at a loss is the best course of action.

*MINER doesn't control 50, 51, 52% of the hashing power
What? Have you been monitoring the network hashrate at all?

they control enough to do whatever they want

What does that even mean? As Balthazar pointed out, there is no chain trust mechanism. He can build PoW block upon PoW block and keep ignoring the PoS of others. Have you looked at senj's comments?

The Yacoin community is composed mostly of folks such as yourself who seem to have no idea of what it actually going on and then try to bully other opinions out.
Who else besides me? Based on what? It's a little funny you say the 'Yacoin community' because it seems to me to be pretty much just one guy right now controlling everything (or a group who knows).

You've probably already scared off a bunch of people already who could have helped the overall effort.
Could have helped how? I'm not interesting in convincing people to waste their resources as a quick fix while ignoring the actual problems.

YOU HAVE NO OPTION OF DOING THAT TO ME Wink  Not in this realm or any other. It seems that now that times are difficult you are doing more harm than good.

Well perhaps your priorities are changing.

That's not to say that you haven't been helpful in the past, but I have more Bitcoin and time in Yacoin than you do Wink  

False.

In the book of reality, this is probably the best option at this point. If the community, including yourself, cannot defeat the attack that is under way, than this (POS only) is what I am going to start concentrating on. You're certainly free to create your own coin and have the dictatorship that you seem to want.

The only thing that I would 'dictate' is for you to do something or simply get out of the way. In reality, I have simply been giving my opinion. You just suggested you would dictate going to PoS and making the coin completely unspecial that way (Why invest YAC over YBC at that point?). I think any person with any semblance of intelligence would understand who more wants a dictatorship.

Next bullshit post from you that doesn't offer anything useful or constructive, earns you a place on my ignore list.  

Nothing more than a comment that reveals your maturity level.