k9quaint
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November 25, 2011, 05:26:57 PM |
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Don't forget the fact that these 10 accounts are controlled by a single entity (RS). The coins that back them are only "unspendable" for the moment, that could change with any release of new code. In fact, there is no way the peasant nodes of Solidcoin can enforce any rules on the control nodes or the block chain.
Worse, it's actually the other way around - until new code is released, the ~12 million coins in those accounts are not in fact "unspendable" at all. The current trusted nodes should reject any attempts to spend them, but RS or anyone else that gets control of those 10 accounts can set up their own trusted nodes that will approve this and the rest of the nodes should go along with it. Edit: Of course even once this is changed it can be changed back again in a future release. You are assuming the control nodes run the public client. I doubt any code changes need to be made at all. |
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makomk
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November 25, 2011, 05:41:05 PM |
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You are assuming the control nodes run the public client. I doubt any code changes need to be made at all. Actually, I'm assuming the trusted nodes aren't running the publicly-released source because that's what RealSolid said; if they were, then they'd be just as happy to let him convert the entire 12 million SC trustfund balances into spendable coins as any other node. |
Quad XC6SLX150 Board: 860 MHash/s or so. SIGS ABOUT BUTTERFLY LABS ARE PAID ADS |
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Spacy
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November 25, 2011, 06:20:38 PM |
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You are assuming the control nodes run the public client. I doubt any code changes need to be made at all. Actually, I'm assuming the trusted nodes aren't running the publicly-released source because that's what RealSolid said; if they were, then they'd be just as happy to let him convert the entire 12 million SC trustfund balances into spendable coins as any other node. Because they already run new code with the amount restriction in it? A new version will be released, then everybody has the fix. |
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DeathAndTaxes
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Gerald Davis
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November 25, 2011, 06:56:51 PM |
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You are assuming the control nodes run the public client. I doubt any code changes need to be made at all. Actually, I'm assuming the trusted nodes aren't running the publicly-released source because that's what RealSolid said; if they were, then they'd be just as happy to let him convert the entire 12 million SC trustfund balances into spendable coins as any other node. Because they already run new code with the amount restriction in it? A new version will be released, then everybody has the fix. You know this how? |
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coblee
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Creator of Litecoin. Cryptocurrency enthusiast.
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November 25, 2011, 08:02:42 PM |
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You are assuming the control nodes run the public client. I doubt any code changes need to be made at all. Actually, I'm assuming the trusted nodes aren't running the publicly-released source because that's what RealSolid said; if they were, then they'd be just as happy to let him convert the entire 12 million SC trustfund balances into spendable coins as any other node. Because they already run new code with the amount restriction in it? A new version will be released, then everybody has the fix. You found a critical bug in the source code? No worries, it's already fixed in the trusted node code. RealSolid just didn't have time to release the actual source yet. And by the way, the trusted nodes are also running code that has all bugs and exploits fixed... even the ones that have not been found yet. I fully trust RealSolid. Don't you? |
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k9quaint
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November 25, 2011, 08:30:46 PM |
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You are assuming the control nodes run the public client. I doubt any code changes need to be made at all. Actually, I'm assuming the trusted nodes aren't running the publicly-released source because that's what RealSolid said; if they were, then they'd be just as happy to let him convert the entire 12 million SC trustfund balances into spendable coins as any other node. Because they already run new code with the amount restriction in it? A new version will be released, then everybody has the fix. You found a critical bug in the source code? No worries, it's already fixed in the trusted node code. RealSolid just didn't have time to release the actual source yet. And by the way, the trusted nodes are also running code that has all bugs and exploits fixed... even the ones that have not been found yet. I fully trust RealSolid. Don't you? Well, the 12 million being spendable isn't actually a bug since RS runs the control nodes and he wants to be able to spend it at some point. The bug was people finding out about them being spendable, and that is why we don't need source for the "fix". We just have to "believe".  |
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