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My math was wrong((I forget one bitcoin is around $600 instead of $500 and I accidentally put 500k), 1 Masternode costs 6.2k to buy, which is 10 bitcoin. There are around 500 masternodes.
500 times 6,200=3,100,000.
That means it would cost $3,100,000 for a person/company to buy up All of Darkcoins masternodes and be able to see every transaction for themselves, destroying darkcoin's "anonymity".
Also, one can simply hack/DDOS the masternodes instead of buying them up, which would destroy darkcoin's "anonymity" as well
No such thing like that^^^, can happen to Cryptonote coins. If one were to DDOS a node(they cant buy it), it would only be temporary as you cant DDOS forever, Plus it will not affect Cryptonote coins anonymity in any way.
Comparison:
If someone were to DDOS all the nodes for a Cryptonote coin, it would simply stall the network temporarily and it will have No affect on the Cryptonote coin's anonymity
If someone were to buy up(centralize), DDOS, hack, or take offline(Amazon servers) All the nodes for Darkcoin, the network will stall and it's "anonymity" would be destroyed.
500 times 6,200=3,100,000.
That means it would cost $3,100,000 for a person/company to buy up All of Darkcoins masternodes and be able to see every transaction for themselves, destroying darkcoin's "anonymity".
Also, one can simply hack/DDOS the masternodes instead of buying them up, which would destroy darkcoin's "anonymity" as well
No such thing like that^^^, can happen to Cryptonote coins. If one were to DDOS a node(they cant buy it), it would only be temporary as you cant DDOS forever, Plus it will not affect Cryptonote coins anonymity in any way.
Comparison:
If someone were to DDOS all the nodes for a Cryptonote coin, it would simply stall the network temporarily and it will have No affect on the Cryptonote coin's anonymity
If someone were to buy up(centralize), DDOS, hack, or take offline(Amazon servers) All the nodes for Darkcoin, the network will stall and it's "anonymity" would be destroyed.
Your math is wrong all servers located with Amazon can't be considered "masternodes" they are NSANodes where NSA does not even pay for upkeep. Anything centrally located nodes means no anonymity at all with zero cost for powerful attacker.
