Quote: (10-11-2017 01:11 AM)SamuelBRoberts Wrote:
Obsidian is very likely about to get perma-fucked.
The team has so much of the coin that they can make the network do whatever they want. They can drain your balances, reroute transactions, anything. It's not a blockchain, it's their toy.
(In technical terms, they hold more than 51% of the supply, which because it's a Proof of Stake system allows them the ability to do what's called a 51% attack.)
I'm confirming this with their development team now to get absolute assurances, but there's no way it can't be true, because the amount of coins they hold is known, and it's known that they're staking them.
Dump this shit now, when this gets out the coin will be worth essentially nothing.
If you have proof to back up what you're saying, please post it here. Otherwise, it's just FUD.