Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
Este Nuno
on 20/08/2014, 17:05:10 UTC

...

By design, CPoS does not have the well known vulnerabilities of Satoshi's Bitcoin, e.g. 51% attack, Sybil attack, Finney attack, lost transactions, miner-ignored transactions, selfish mining, partitioned network, etc. Rather CPoS has a set of new to-be-found vulnerabilities because the Texai code base has never been used in production. DDoS attacks will be mitigated by paid-for DDoS traffic filtering at each full node. Best-effort volunteers operate the existing PoW networks, whereas CPoS operators will be paid professionals.

...

https://bitcointalk.org/index.php?topic=584719.0



Why PoS can't remain decentralized. The 'D' in front of PoS doesn't overcome the issue.


AnonyMint seems absolutely convinced that PoS cannot work. You both seem confident in your respective opinions. Does your CPoS system address any of his concerns?