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Author Topic: can an alphabet agency compromise a master node system and spy on a coin?  (Read 125 times)
Digital Drug Lord (OP)
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February 14, 2018, 01:10:42 AM
 #1

If the alphabet agencies bought 95% of all master nodes for a coin, could they spy on transactions from the network? For example, ABC coins offers privacy and all the bells and whistles, an alphabet agency buys %95 of nodes and now, they pretty much are the network

im asking because every new coin that comes out, is a node coin, and the node coins take miner rewards, but isnt a node centralized? A static IP somewhere?
JaredKaragen
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February 14, 2018, 02:18:37 AM
 #2

If the alphabet agencies bought 95% of all master nodes for a coin, could they spy on transactions from the network? For example, ABC coins offers privacy and all the bells and whistles, an alphabet agency buys %95 of nodes and now, they pretty much are the network

im asking because every new coin that comes out, is a node coin, and the node coins take miner rewards, but isnt a node centralized? A static IP somewhere?
my cellular connection is dynamic;  but its bound to a static DNS....  not hard to make something appear and function as if it was static.

nothing is stopping them from controlling the nodes;  yes;  assuming they salt them across the internet physically.

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Digital Drug Lord (OP)
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February 17, 2018, 05:19:58 PM
 #3

If the alphabet agencies bought 95% of all master nodes for a coin, could they spy on transactions from the network? For example, ABC coins offers privacy and all the bells and whistles, an alphabet agency buys %95 of nodes and now, they pretty much are the network

im asking because every new coin that comes out, is a node coin, and the node coins take miner rewards, but isnt a node centralized? A static IP somewhere?
my cellular connection is dynamic;  but its bound to a static DNS....  not hard to make something appear and function as if it was static.

nothing is stopping them from controlling the nodes;  yes;  assuming they salt them across the internet physically.

So a node is totally unsecure because it can be compromised with money. And not only that once compromised makes every transaction unsecure because it can spy
Agozyen
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February 18, 2018, 03:46:35 AM
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I think this is why some coins are going with a different approach, something called a notary node system where the node holders are elected into the position.  This makes it much harder to compromise.  My understanding of notary nodes is limited so I may be wrong.
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