Comment on Show HN: My experimental take on a decentralized ledgerComments−ianpurton10yHow would this prevent a flood attack ? What I mean is in Bitcoin and presumably Stellar, you need coins to create transactions. There is therefore a cost to spamming the system.−buhrmiOP10yIt doesn't prevent a flood attack. The challenge in this approach does not lie in "preventing it" but in "dealing with it".−herendin10yDo you have some ideas on how to deal with it?−buhrmiOP10yYeah−oafitupa10yStellar is 100% centralized. In fact, its owners took it down at some point to change some rules.
Comments
How would this prevent a flood attack ? What I mean is in Bitcoin and presumably Stellar, you need coins to create transactions. There is therefore a cost to spamming the system.
It doesn't prevent a flood attack. The challenge in this approach does not lie in "preventing it" but in "dealing with it".
Do you have some ideas on how to deal with it?
Yeah
Stellar is 100% centralized. In fact, its owners took it down at some point to change some rules.