Quote from: HeliKopterBen on February 26, 2016, 04:55:55 PM

Quote from: hv_ on February 26, 2016, 03:14:38 PM

Quote from: HeliKopterBen on February 26, 2016, 03:08:31 PM

Quote from: hv_ on February 26, 2016, 02:48:37 PM

Quote from: HeliKopterBen on February 26, 2016, 02:08:33 PM

I'm with spartacusrex. The ultimate test is for someone to pull of one of these (theoretical) attacks and catastrophically and irreparably damage the network in some way, or at least prove that one of the attacks can be used to consistently and successfully attack the network and/or individual users. Until this test is completed, I'm going to assume that POS and other variations (DPOS) is sufficiently secure.

Also, it would be in everyone's best interest if POS was broken sooner rather than later while valuations are low. So please, if you have a guaranteed attack, go ahead and do it and prove POS useless.

I'd expect this happening only if there IS already multi billion business available to attack.... as usually always too late.

My hope is - and thanks to TPTB - that here is platform to elaborate on this issues in public, cause that's the risk managament we all can afford.

Why multi-billion and not multi-million? These chains are already valued in the multi-millions. Also, some of these attacks are free or nearly free, so why not just go ahead and do it (unless of course it can't be done, which I suspect).

Again, until someone demonstrates that these attacks are possible and can cause significant f, then POS is deemed sufficiently secure.

Hope you did not apply for some op-risk position at any reasonable company with that sentence above.

Still waiting.................

I'll be waiting to everybody playing with own money or otherones just read & understand page 9 of

http://www.dtcc.com/~/media/Files/Downloads/WhitePapers/Beyond_the_Horizon_White_Paper_Systemic_Risk.ashx

and my strongest wish is that those parts there will be adjusted esp for investments into crypto ccys ASAP.
Hereunder should go as well all elaborated stuff from this thread and much more,otherwise I fear that crypto ccy will never reach next level of investments and stay nichy by burning small people money that just have NO clue about proper risk management.