Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
ChangDaUronator
on 10/08/2014, 00:03:19 UTC
wats with the bad actor fud at btct is this a legit concern
<•MrRGnome> It IS a legitimate concern, in much less alarmist terms.
<•MrRGnome> Block Escrow however solves any concern involved here, we identified the issues in testing and a solutions was developed

I don't think PoSA transactions are accessable by nodes - balance never changes
MrRGnome, i think no one can do any bad thing right now . but when posa is open source without blockescrow there will be bad actor .
It's not as if a node could spend cloak coins that are in transition
<•MrRGnome> The week long release of the closed source PoSA v1 is in no way a risk to people cloak coins, and the release came with a healthy disclaimer saying everything you just heard me say - which is where this fear and fud is coming from, a misinturpreting of the consiquences of the limited time without a block escrow system in place
<•MrRGnome> r00tback, Block Escrow makes bad acting impossible withotu controlling over 51% of the network

Yeah, Everybody sell! So you can fill the trolls/fudders orders. Sounds like a great idea.

yes 1 dev say/promise gimmick block escrow (POSA v2 unknown ETA) solve bad actor and solution developed but you can bet if they had a functional "block escrow" they would release it. otherwise devs like/dont mind you guy taking risk with POSA testnet v1
say a lot about devs

idiots