What if I have 11% of BTS and I am malicious?

[Frodo]

I think a lot of people are currently not voting out of convenience. Once there is a serious attack, that puts their investment at risk they would probably get their sh** together.

Despite that I would expect drastically increased voting participation once there is a more usable wallet and offline transaction signing.

[cube]

With 11% of stake, I can obtain about 65 delegate positions. If I attempt to use these 65 delegates maliciously to make profit, what happens? I'm asking because many people keep asking me about this and I cannot fully understand this process.

Thanks in advance

You mean like, what if someone put a gun to Bytemaster's head who controls 15% of the supply? :)

He doesn't control that much though, especially after the severance packages he paid out to the core developers. More like 8% imo..

Edit: From recent voting history I can say BM's current active voting power is only about 5.7%. He may of course control more funds, especially vested funds, but that's what he's been using recently to vote at least.

It means that someone will need a few more guns to control the other devs' heads.

[svk]

With 11% of stake, I can obtain about 65 delegate positions. If I attempt to use these 65 delegates maliciously to make profit, what happens? I'm asking because many people keep asking me about this and I cannot fully understand this process.

Thanks in advance

You mean like, what if someone put a gun to Bytemaster's head who controls 15% of the supply? :)

He doesn't control that much though, especially after the severance packages he paid out to the core developers. More like 8% imo..

Edit: From recent voting history I can say BM's current active voting power is only about 5.7%. He may of course control more funds, especially vested funds, but that's what he's been using recently to vote at least.

[bitmeat]

With 11% of stake, I can obtain about 65 delegate positions. If I attempt to use these 65 delegates maliciously to make profit, what happens? I'm asking because many people keep asking me about this and I cannot fully understand this process.

Thanks in advance

You mean like, what if someone put a gun to Bytemaster's head who controls 15% of the supply? :)

[xeroc]

It's essentially a 51%-attack of the "total voting-stake" ..
countermeasure, as BTSdac stated, would be to increase the "total voting-stake" by encouraging people to vote

[BTSdac]

With 11% of stake, I can obtain about 65 delegate positions. If I attempt to use these 65 delegates maliciously to make profit, what happens? I'm asking because many people keep asking me about this and I cannot fully understand this process.

Thanks in advance

we should consider how to encourage people to vote more.

[clayop]

With 11% of stake, I can obtain about 65 delegate positions. If I attempt to use these 65 delegates maliciously to make profit, what happens? I'm asking because many people keep asking me about this and I cannot fully understand this process.

Thanks in advance