Post
Topic
Board Altcoin Discussion
Re: black hat crypto currency: DDOScoin
by
vintagetrex
on 26/12/2017, 17:18:27 UTC
I recommend a dual blockchain mining algorithm.  The main chain should be POS so that no resources going into securing the main chain dominate the subchains.  The subchain mining algorithm is a proof-of-DDOS computationally secured by SSL's signing key.  This is technically a proof of work, not a proof of bandwidth!  Casper, slasher, and regular POS are quality enough.  However, I wouldn't recommend delegated POS, because it seems unfair and anticompetitive to me. 

I don't have a nihilistic position based hatred of script kiddies... let em play. Yes, anybody could mine or even pay for DDOS of a signing certificate.  That's the idea --> monetize the algorithm and payload of DOS in a secure, trustless, p2p manner.  

To me, a better argument is the fact that a dominating financial class could use their bankrolls to manipulate the https domain names on the internet.  Skids aren't going to suddenly run the world.  

I see the coin gaining value via insider trading.  For example, purchase a short position on https://www.google.com then place a bounty on that website.  The price should decrease.  Maybe a better target is something like https://merchandisesellingcompany.com