Quote from: Bigcabrito on March 13, 2016, 07:42:27 AM

Quote from: Bubba-Gump on March 13, 2016, 07:15:21 AM

We didn't realize your problems are so much more significant than potential security flaws in the coin you have bought. Notice how no one has a good reply to my analysis. You may want to take some time to understand what you read. I mean, you can't even figure out how the ICO site works.

Either way, you can just open it on a desktop browser. The keys are not tied to your device. Go to your exchange and generate keys.

You are welcome.

Only if you hold 51% of the total coin supply can you guarantee control of the delegates.

Other than this, it is just pure speculation. Your scenario where a whale may control 30 or maybe 40 percent of the total coin supply, and by plurality (or relative majority) they may take over the delegates is a possibility, but highly unlikely as he would have to create 101 personalities over night (unless he has been prepared for this in the past months and has created multiple identities). Although, how would this be beneficial for the whale? He would be sinking his own ship by the upcoming FUD and the possible demise of the cryptocurrency he is so invested in.

Quote from: bitseedmike on March 13, 2016, 06:23:49 AM

I agree that allowing up to 101 votes from the same Lisk is kind of screwy - never liked it in Crypti either. I would rather see votes from an account balance split their weight. It would also be nice if the voting interface allowed assigning a percentage to each delegate voted for, so a vote from an account with 100 Lisk for 4 delegates would default to 25 votes for each delegate, but could be set to 70%, 10%, 10%, 10% so the delegates would receive 70, 10, 10, and 10 votes.

Personally, if the scenario above were to develop, Lisk would need cooperation from most of the Lisk accounts to swap out the delegates. Furthermore, having accounts split their voting weight would mean little to this whale, as he could create 101 delegates and spread his wealth throughout them, and would likely beat most if not all the delegates who are voting for themselves (almost the same scenario as above, give or take a few delegates).

Nonetheless, it is important that the potential security flaws of Lisk are being questioned, and these should not be easily dismissed. Reminder to all, Lisk is an experiment with blockchain technology, such as every other cryptocurrency projects. I am certain that future improvements to the Lisk protocol will be implemented if a potential security flaw is deemed a serious threat.

Let me put it this way, if hand full of whales combine their weight to take the 49th delegate spot, they are guaranteed all the spots bellow that, wich means the remaining 52 spots.