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Author Topic: The 0.13% BTS Attack  (Read 1373 times)

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December 23, 2015, 07:22:40 am Reply #3

Offline Chronos

Re: The 0.13% BTS Attack
Quote from: Empirical1.2 on December 23, 2015, 02:22:03 am
As a proxy offer to pay 1% interest per month to accounts that proxy their stake to you. That would be a lucrative 12%+ p.a
But when the accounts see that you are attacking the network, they would pull their support and elect honest witnesses (maybe).
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December 23, 2015, 07:02:40 am Reply #2

Offline xeroc

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Re: The 0.13% BTS Attack
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December 23, 2015, 02:22:03 am Reply #1

Offline Empirical1.2

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The 0.13% BTS Attack
Maybe you don't need 13% stake to attack BitShares maybe you only need 0.13%...

As a proxy offer to pay 1% interest per month to accounts that proxy their stake to you. That would be a lucrative 12%+ p.a

1 months interest payments on 13% of proxied stake would only cost you 0.13%
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If you want to take the island burn the boats
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