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REPORT FOR DASH DECENTRALISED GOVERNANCE ATTACK SIMULATOR<br><br>
FILES TO BE GENERATED<br><br>dash-default.csv, dash-default.html, dash-default.pdf<br><br>VALUES PROCEEDING WITH<br><br>Attack budget (£): unspecified (cost estimated in attack phase two)<br>Dash price (£): 66.76 (real time value)<br>Inflation rate: 2.26 (default exponential)<br>Coins in circulation: 9007008 (real time value)<br>Total of honest masternodes: 2200 (user defined value)<br>Honest masternodes already under control or bribe: 0<br>Target total masternodes: unspecified (defaults to net 10% over honest)<br>Masternode block reward: 3.11 DASH<br><br>ATTACK PHASE ONE: PRE-PURCHASE ANALYSIS<br><br>Active masternodes before purchase: 2200<br>Masternodes required for net 10% over honest: 2421<br>Attack budget (£): cost of realise target of 2421 masternodes<br>Therefore, target total masternodes: 2421<br>Excluding those already under control or bribe, total: 0<br>Finalised total of masternodes to acquire: 2421<br><br>Coins in circulation before purchase: 9007008<br>From which coins frozen for required collateral: 2200000<br>Therefore, coins remaining available to acquire: 6807008<br>These are enough for this number of masternodes: 6807<br>Which as percentage out of the total possible masternodes is: 75.5%<br><br>ATTACK PHASE TWO: EXECUTION<br><br>FIRST PURCHASE ATTEMPT FOR 2421 MASTERNODES<br><br>PURCHASE OUTCOME: POSSIBLE<br><br>HYPOTHETICAL REALISATION<br><br>Dash price before attack initiation (£): 66.76<br>Estimated Dash price after purchase (£): 72.23<br>Estimated total cost with inflation (£): 168250124.969<br><br>Coins in circulation after purchase: 9007008<br>From which coins frozen for required collateral: 4621000<br>Therefore, coins remaining available to acquire: 4386008<br>These are enough to acquire more masternodes, specifically: 4386<br>Which as percentage takes this share from total possible masternodes: 48.6<br>However, 55% guarantees success in any governance attack<br>Total active masternodes after purchase: 4621<br>From which malicious: 2421 (52.3% of total masternodes)<br><br>RETURN ON INVESTMENT<br><br>Money invested in this attack are not lost, just exchanged from GBP to Dash.<br>Daily Dash expected from masternode block reward: 941.16 (£67979.99)<br>Monthly Dash expected from masternode block reward: 28554.91 (£2062521.15)<br>Yearly Dash expected from masternode block reward: 343524.77 (£24812794.14)<br>Estimated profits should also take into consideration any potential increase in the highly volatile original coin price with which masternodes were acquired.<br><br>SUMMARY<br><br>Number of masternodes required for malicious majority: 2421<br>The available coin supply was enough to buy this amount of masternodes: 6807<br>The attempted purchase was for: 2421 masternodes<br>Estimated total cost with inflation (£): 168250124.969<br>Total active masternodes after purchase: 4621<br>From which malicious: 2421 (52.3% of total masternodes)<br><br>INSIGHTS: WHAT PROBLEMS CAN WE CAUSE RIGHT NOW?<br><br>(1) PREVENT HONEST PROPOSALS TO GO THROUGH<br><br>EXAMPLE<br><br>Monthly salary of Dash Core Developers or other beneficial investments.<br><br>DESIGN VULNERABILITY<br><br>Proposals are not partially funded and remaining governance funds are burnt. Therefore, if attacked proposal is not in top rankings, it will be rejected.<br><br>SUCCESS LIKELIHOOD: HIGH<br><br>Because even if net 10% is achieved there is no funding guarantee. Funding is granted to the top X proposals based on net percentage.<br><br>METHODOLOGY<br><br>By down-voting proposals so that the net 10% margin is not achieved.<br><br>EXPLOITATION<br><br>Total votes of malicious masternodes: 2421<br>Least honest votes required for net majority: 2665<br>Maximum malicious masternodes based on available circulation: 6807<br>Least honest votes required for net majority: 7489<br><br>(2) MALICIOUS PROPOSAL PASSES BY NEGLIGENCE<br><br>EXAMPLE<br><br>Malicious proposal up-voted from malicious masternodes and abstention is high.<br><br>DESIGN VULNERABILITY<br><br>Votes are never questioned therefore if a proposal is accepted, no censorship exists.<br><br>SUCCESS LIKELIHOOD: MEDIUM<br><br>The controversy of a malicious proposal is expected to unite honest owners.<br><br>METHODOLOGY<br><br>Malicious proposal starts to be up-voted as close as possible to the closing window<br><br>EXPLOITATION<br><br>Total votes of malicious masternodes: 2421<br>Least honest votes required for rejection: 2199<br>Maximum malicious masternodes based on available circulation: 6807<br>Least votes required for net majority against maximum malicious: 6187<br><br>HISTORIC DATA<br><br>Maximum votes ever recorded for funding a proposal is: 2147<br>At the time, this as percentage towards total masternodes was: 44.44%<br>Assuming a higher percentage this time due to unity from controversy: 60%<br>Which equals this number of honest masternodes: 1320<br>Therefore, total malicious masternodes needed for net majority: 1454<br><br>INFORMATION FOR THE FUTURE<br><br>Percentage of current circulation against total ever: 47.6%<br>Total ever coin supply: 18900000<br>Remaining ever coin supply: 9892992<br>Corresponding masternodes: 9892<br><br>EXPECTED CIRCULATION PER YEAR<br><br>09/2020: 9486800 (50.14% of total ever)<br>Available masternodes: 479<br><br>09/2021:10160671 (53.7% of total ever)<br>Available masternodes: 1153<br><br>08/2029 (74.41%), 03/2043 (90.23%), 05/2073 (98.86%), 04/2150 (100%)<br><br>
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