Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin?
Not equal, but similar enough. You can double spend for a while until no one trusts the currency or low confirmation numbers anymore.
Not at all similar. Outpacing the chain in POW is super linear in the number of blocks, that means the more blocks you need to produce, the higher the cost to you and this relationship is a curve which curves upwards towards 'very high cost'.
Once you own some masternodes, the cost is zero for the attacker.
Similar in being able to double spend only a short while until people notice what's up and dump their coins and/or stop accepting them as a payment. Does the superlinearity effect get to matter enough to offset the fact that if you crash the currency your masternode coins are now worth zero but you could still sell the mining facilities and hardware and recoup some of the cost?
Illodin please read my prior post where I point out the attacker can short the coin to leverage as an advantage the decline in the value of the coins.
monsterer is making a mathematical point. His point is actually tied to my point that the entropy is unbounded for PoW. In PoW, there is an unbounded cost to preventing anyone else from winning a block announcement forever. In PoS, there is a bounded cost. The shape of the curve that monsterer mentions never levels off asymptotically.
And that is why PoS can't be asymptotically permissionless, but in theory PoW can be. But Satoshi's design was not in the sense that the 49+% attacker could take control of the longest chain and blacklist the minority and potentially use this leverage the same as an attack on PoS could. Yet monsterer's point remains valid even for Satoshi's design in that the cost of sustaining the attack for PoW is an ongoing consumption of a resource, and for PoS it is only the initial cost of buying the stake which could be completely recovered already by shorting the coin.
smooth there is your proof that there is a categorical distinction in the security. QED.
We had our 2 hour daily brownout so I wasn't able to complete my thoughts. I was actually editing the prior post when the brownout hit. I haven't had time to get a battery backup set up
Have you considered getting a laptop? Get one with a high enough res screen that during normal operation you can plug it into a monitor, then when your power goes out you can continue to work on the built in screen.
Lol. I am the guy who has two flat tires and no time to get them replaced. I been intending since September to refill the Gasol for cooking, but instead the girls have to use an electric burner (@ $80 per month!) because I had no time to drive 1 km over to the Gasol station. Yeah common sense doesn't seem to apply to a chicken running around with his head cut off. I'll post a pic my gf snapped of me working so you can see what I mean. I laughed.
Note all my supplements lined up on my desk. Note the lack of a shower since early October.
