Post
Topic
Board Altcoin Discussion
Re: Uncensored XC thread
by
chaeplin
on 01/06/2014, 23:43:34 UTC
"REV2 will have a solution to the bad actor problem.  Using a dynamic learning trust system"

Create Xnode - steal coins.

Shutdown Xnode - Move Coins to new Xnode

steal coins.

Shutdown Xnode - Move Coins to new Xnode

Rinse, repeat.


Cant wait to get started.

Lol, good luck with your uber hax skillz /facepalm


Can someone explain if that is a potential risk?

I know it's probably FUD, but it seems somewhat "logic", anyone to explain?

He wants people to sell XC and buy DRK, read his previous posts. XC and DRK are the two strongest anon Alts. XC appears to be developing tech very quickly however. Oh, someone already stole 1000 DRK, so people should not be throwing stones.



There is no risk, the trust system is designed to prevent this and other potential attack vectors

Isnt the point of this crypto to be "trustless" - not trust...the minute you place trust in an entity - the decentralization aspect of the coin diminishes.


The dev has absolutely no idea. How vague and ambiguous can you be in a response???

Stealth, you are correct in stating that originally crypto was intended to be a trustless and decentralized system, but drk masternodes are another example of relying on some centralization and trusting these nodes to not become "bad actors". This tech is constantly evolving, let us not throw stones in glass houses. 

Some sort of centralization, but no trusting Grin.
https://bitcointalk.org/index.php?topic=421615.msg5282966#msg5282966

Quote
So the users relay these items throughout the network as the stages happen. After all items are gathered into the pool, the transactions are merged together into one, remotely signed and then broadcasted.

remotely signed is the key.

If Xnode is a role of postbox(time/block delayed), get burned badly.