Very much appreciated this post in the midst of the hype of this coin. I've played a bit with the wallets and functionally it's great to see XRB moving so fast without fees. I also changed my representative to a random one further down the list and this made me wonder how the default representative is selected. I think this is key to the security of the network and the team should expand on this in the whitepaper or elsewhere. Another issue is I self-representation which seems to be possible. If many wallets do this they become dead-end-streets when offline and all balances eventually routed to these will not be able to assert their voting power which reduces decentralization.
RE: Raiblocks Security Thoughts
You are viewing a single comment's thread from:
Raiblocks Security Thoughts
I think this is a serious concern that needs to be fully addressed. What you described in combination with a denial of service attack could potentially allow someone to take advantage of the ledger due to the lack of settlement finality.
I wrote up these concerns here https://steemit.com/raiblocks/@selfdrivingsandp/raiblocks-lack-of-settlement-finality
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit