""bad actors". What that means is, there is a known risk of a phase 1 node or phase 2 node being a bit naughty and attempting to interrupt the flow of a tx, for self gains or not."
mean POSA v 1 can have people steal coin oh no. this should be testnet release
v2, weeks away?
[01:54] <@MrRGnome> It IS a legitimate concern, in much less alarmist terms.
[01:55] <@MrRGnome> Block Escrow however solves any concern involved here, we identified the issues in testing and a solutions was developed
[01:56] <alcor> I don't think PoSA transactions are accessable by nodes - balance never changes
[01:56] <r00tback> MrRGnome, i think no one can do any bad thing right now . but when posa is open source without blockescrow there will be bad actor
[01:56] <alcor> It's not as if a node could spend cloak coins that are in transition
[01:56] <@MrRGnome> The week long release of the closed source PoSA v1 is in no way a risk to people cloak coins, and the release came with a healthy disclaimer saying everything you just heard me say - which is where this fear and fud is coming from, a misinturpreting of the consiquences of the limited time without a block escrow system in place
[01:57] <@MrRGnome> r00tback, Block Escrow makes bad acting impossible withotu controlling over 51% of the network
[01:57] <m3eeeee> so if it were open source not having block escrow yet would be a concern but it is not
[01:57] <@MrRGnome> Even then, I'm not sure it would work the way you think
[01:58] <@MrRGnome> m3eeeee, that's approximately right. PoSA v1 is the buidling block which froms the base and core of the anonimity system.
[01:58] <@MrRGnome> Block Escrow is the security system keeping people honest