Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
infofront
on 04/11/2015, 21:44:48 UTC
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-If I recall correctly, the creator of the genesis block holds some kind of masterkey. As a result, you have to trust this person. Even if this key was held by a group, you still have to trust that particular group. In addition, you have to trust the program they run to create the Genesis block (the masterkey could be in there).
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This. The centralization of security makes it possibly even worse than Dash.