Quote from: BombaUcigasa on November 07, 2014, 05:21:36 PM

Quote from: kodtycoon on November 07, 2014, 04:34:11 PM

I honestly don't follow what you mean by that?

Did you know that for some PoS coins, a single exchange is the major holder? The coin will be forever under the control of that exchange because they maintained stake majority at one point in the past.

It costs NOTHING to attack the network once you held a majority of coins.

Did you know that for some PoS coins with PoW distribution, a single miner is the majority miner? The coins he generated passed through his wallet and he can forever control the future of the network. I know such a coin where a friend is the biggest miner.

It costs NOTHING to attack the network once you held a majority of coins.

Did you know that some coins with a small market cap can be completely bought up by a single entity without raising suspicions? The coins will forever give the owner an attack vector in the future even if he sells them away.

It costs NOTHING to attack the network once you held a majority of coins.

PoS changes the attack timing from a single point in time to a whole timeline. You can sell or trade or give away your coins, or even destroy them, you can still resurrect the coin.

Correction: it costs ~5$ a month to attack the network once you held a majority of coins...

can you show me the math to prove this? or give a technical explanation of exactly how you would do this.. so far no one has been able to do this.