I'm a Decred HODLER, but I believe the coin is only successful until that first chain split.
Seriously? So in your opinion, coins like Bitcoin and Ethereum are not successful?
No, in my opinion Decred, with its thesis of on-chain governance, will be a failure if indeed a motivated minority does cause a chain split.
Are you a troll?
...in my opinion Decred, with its thesis of on-chain governance, will be a failure if indeed a motivated minority does cause a chain split.
I think a motivated minority will be able to cause a chain split.
Decred is developed to make it not possible because it would be very costly to do, but what if some bad actor would be only interested in finishing Decred project by a chain split to prove that on-chain governance is broken and don't think about the cost?
Yes, we can say that it is impossible to chain split decred without stakeholders agreeing to it.
Atack decred costs 20X more than taking control of bitcoin in a 51% attack.
Why would someone spend 20x more to attack decred, if with 20X less, they can do with bitcoin and earn much more billions of dollars?
https://blog.usejournal.com/apples-to-apples-decred-is-20x-more-expensive-to-attack-than-bitcoin-68bafeb4546fhttps://medium.com/decred/decreds-hybrid-protocol-a-superior-deterrent-to-majority-attacks-9421bf486292https://medium.com/decred/detailed-analysis-of-decred-fork-resistance-93022e0bcde7Yes, exactly. The possibility is there of course, but it's quite infinitesimally small. Not only is there nothing to be gained, but it would be an unimaginable cost (even at current difficulty, and the difficulty just keeps going up, btw) to execute. We're talking on the level of governments and nation-states.