Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
monsterer
on 11/01/2016, 19:37:51 UTC
So $9000 in fees at 100tx/s load as stated in my post up thread is no real cost?  What planet are you on? Smiley

Can you remind me why I need to spam the network in order to become a validating node?

edit: it seems to me the long con still, applies - or at least the simple sybil majority; if it doesn't cost me anything to become a validating node, it is trivial for my one server to pretend to be 10,000 or more nodes and just sit there acquiring reputation until I have a majority whereupon I can wreak havok.