Is this something to be taken seriously? This doesn’t sound very legit but would like to know if it could be real threat.
Here is a link to the discussion thread on Reddit:
The OP assumes it will be relatively cheap and easy to bribe a majority of stake pool owners to take over the network.
This is the critical flaw in the argument in my opinion.
5 Likes
No, nobody takes it seriously. His model not only makes incorrect assumptions that make it meaningless, it’s totally unrelated to Cardano.
If you want to know how incentives work in Cardano, you can read the paper or watch my lecture series on the topic
11 Likes