Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: TheCoinFinder on September 23, 2014, 07:39:37 AM



Title: Crypto-Security Bounty Thread
Post by: TheCoinFinder on September 23, 2014, 07:39:37 AM
Ok, so for a while now, POS has been the "favourite choice" .. but always seems "too good" to be true. I'm sure other people here also believe this... Now this forum is home to very capable people, and also to people who are happy to "put their money where their mouth is" as can be seen by the incredible ICOs raised for coins.

So, I propose a Bounty thread for a constructive determination of the stability of POS coins. Are they more secure than POW or not... if not... how can they be secured?

Therefore, i propose that we create a bitcoin bounty for a reward for someone who can successfully demonstrate (with proof of code) the insecurities in various POS implementations - and (ideally) how to fix such insecurities. This presumably can also be extended to POW vulnerabilities, and security issues with other crypto-coins/implementations.

If a bounty is made, and the criteria is satisifed, the person receives the bounty. This should only make the crypto-community better and stronger.