Post
Topic
Board Bitcoin Discussion
Re: It's about time to turn off PoW mining
by
inBitweTrust
on 17/09/2014, 19:33:11 UTC
uh hate to break it to you, even if you convince me you are Satoshi Nakamoto, I ain't giving you my wallet password or access to my PC dude. lol

Ughhh, it has nothing to do with that. A hacker will have access to all their emails and contact lists and can email or IM a fellow delegate or developer and even use their PGP signature to impersonate the identity of either the developer or delegate. A hacker doesn't need to know who the developers are or what their IP's are and can simply fish to compromise likely candidates

Most users guard is down when they get an IM  or email from a close friend /partner/ coworker and it is easy to get one of these to visit a site or download or open an attachment from a trusted source. Some of these developers may maintain credentials of other developers as well.

You are proving my point that most users are credulous and overly confident that they are secure, which in turn makes them more vulnerable. We all are insecure. Treat everything that touches the WAN or comes in indirect contact with the WAN as vulnerable! This is even worse because you are a delegate for bitshares and are acting as you are invulnerable to becoming a target. This hubris is a great example of how we should be concerned about DPoS as it is introducing security unaware individuals into the delegate process where they can control the direction of a 62 million dollar market cap.


I noticed kokojie was getting ganged up on ITT, and since I share similar thoughts about PoW I thought I would help him out. So it is known, we are both Bitshares fanboys.. because it solves some of the glaring problems with the mainstream cryptos and the issues with PoW.

That's fine. Can you show me where I can look up a average initial and current distribution graph for BTSX?  Example of what I am interested in :http://charts.nxtcrypto.org/cDistribution.aspx but for BTSX.... I have searched all over and can't find that info.