Post
Topic
Board Altcoin Discussion
Re: Nothing-at-Stake & Long Range Attack on Proof-of-Stake (Consensus Research)
by
achimsmile
on 15/01/2015, 06:49:19 UTC

Kind of hard to keep up with what exactly NXT is and whether it works or not:

Quote from: Sunny King
As far as I know at least the first version of NXT's PoS is a direct clone of PPC's with some modifications, appeared lacking a good understanding of the security involved in PPC's PoS.

It isn't and never was:

Quote from: BCNext
After thinking about the mining algorithm I came to conclusion that original proof-of-stake used by PPC and NVC is a bit flawed.  Bob could accumulate small amounts on different accounts during a long period of time and then attempt a 51% attack.  Artificial limits like max 90 days don't seem to work as intended.  Nxt will use a different proof-of-stake approach.

you would have to present a source code comparison between ppc and the first version of Nxt to make me think otherwise.