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RE: Are These Weaknesses of Bitcoin? What About Dash?
I don't know much about Dash, but what's stopping someone from creating a bunch of nodes through cloud computing, buying a bunch of Dash over a long period of time, then shorting Dash on an exchange and attacking the network.
Nothing that I can see. But I have a feeling it would cost a LOT of money and the only people I can see wanting to kill it would be the Government.
But honestly...I think the "elites" would want to control something like that quietly as opposed to trying to kill it. Unless they wanted to compete with it. But at this stage why not do both and own stake in both sides of the game? Heck this could be the case with all top crypto tech though. This is the stuff that bothers me most. For the actors at the very very top, the kind of money that it would take to slowly buy tokens in every blockchain that can scale to meet demand would be child's play.
The only thing communities can do is try to identify the actors and be able to minimize damage if this is in fact the case. Of course luckily no matter what people can always fork and create their own chains (as long as drones don't come hunt them down and take them to prison).