Post
Topic
Board Speculation (Altcoins)
Re: DASH Collapsing Monero UP
by
Minotaur26
on 10/11/2015, 04:06:30 UTC
He argues it's difficult to attack it like that because one would drive up the price too much, thus admitting an attack is possible, albeit difficult... but possible nonetheless... This would be a major concern to me as an investor...

Looks like also that aspect of the FUD has just been obsoleted:

Basically, something called masternode input age based quorum layering. Quorums are created using the age of the masternodes, 25% of the quorums are more than 1.5 years old, the next 25% is more than 1 year old, the next 25% is more than 6 months old, then the final 25% is any masternode that is newer than that. It guarantees, you can't control a quorum by just buying coins from an exchange to make new masternodes, there will always be masternodes that are really, really old.


Maybe people are worried about the old masternodes being used by nefarious characters. After all Evan Instamine & Co own a large percentage of them and they are as shady as they come. Evan & Co are also publicly identifiable so anyone who can gain influence Evan immediately gains control over a large percentage of all old masternodes.

Who is worried about new buyers misbehaving? New buyers are the victims of this HYIP.

I dont think you have taken the time to understand how subquorums and the proposed tech in that post works. Quorums will be formed by deterministically selecting a portion of the quorum from different age ranges, that means old masternodes dont have more influence either. No one does. It is a well thought out solution.

Also you should not call people you dont know shady.