...
i dont get it because your FUD is dihonest, you cant do 51% attack with masternode so there is no centralization. your XMR whale might hodl 50% of xmr coin and he is swinging price like a toy. so there is your centralization, how would you prevent ppl from dumping all their Monero then close up their node and mining other coin likeeee... Aeon instead
i dont get it because your FUD is dihonest, you cant do 51% attack with masternode so there is no centralization. your XMR whale might hodl 50% of xmr coin and he is swinging price like a toy. so there is your centralization, how would you prevent ppl from dumping all their Monero then close up their node and mining other coin likeeee... Aeon instead
You borrow rather than buy to launch a 51% attack against the masternodes. This is a fundamental weakness with any Proof of Stake, or Proof of Stake like, system and is not just limited to Dash. I formulated the Second Pirate Savings and Trust attack on Proof of Stake in the following post https://bitcointalk.org/index.php?topic=897488.msg10182752#msg10182752 those of us who have been around Bitcoin for a while will remember the First Pirate Savings and Trust and other very large Bitcoin shorts such as Mark Karpelès of MTGox. Borrowed "stake" is what nearly brought down the fiat banking system in 2008, forcing massive intervention by central banks and governments. In Dash the problem is magnified because the minimum 1000 Dash per masternode encourages the setting up of masternodes using borrowed Dash.