I do ask that you don't smear insults throughout your posts because it makes it difficult to see your technical arguments and distracts from your core points.
It adds no difficulty. Don't be disingenuous.
It is because after 10,000+ posts, an endless stream of idiots causes me to have to repeat the same technical points over and over and over and over and over and over...
The insults are intended to shame them into doing some reading before posting or investing. After 10,000+ posts, I think I deserve to express such frustration. If you don't, you are free to ignore me.
The second problem is that you are citing some pretty old information about how Sia works, and you are missing some important details that help bring the system together and secure it.
It doesn't matter. The issue I cited is insoluble. You will never find a technical solution. Ever.
The first technical argument you make is that "anyone can pretend to be running many nodes and keep it all stored on one node". I'm not sure if you are talking about a deduplication attack here, or just a standard Sybil attack.
Sybil attack as I had stated. I never mentioned deduplication.
The Sybil attack is, in my qualified opinion, the weakest part of the Sia protocol. But we do have sufficient defense against it, and that comes in the form of proof-of-burn.
Nope. I already explained why staking (analogously burning) doesn't provide sufficient security.
Also you talk about shorting a coin and then using the money raised from shorting it to attack it. You would need to buy the short from somewhere, and you'd need enough money to both buy the shorts and then have enough to do the proof-of-burn. I'm doubting that someone would let you short a massive volume of some asset, if you are shorting that much they would probably get suspicious.
An illiquid coin is rather useless. If that is your goal, then you are stating it won't be widely adopted.
Edit: note that shorting isn't required to break the economic model for the security. The staked (deposited and risked) or burned coins can be offset by earnings and in fact must be, otherwise no one will be a storage provider.
Also I was the one who invented proof-of-storage in 2013. I abandoned it because the Sybil attack is insoluble. I am the inventor of the shit.