Post
Topic
Board Altcoin Discussion
Re: Nothing-at-Stake & Long Range Attack on Proof-of-Stake (Consensus Research)
by
valarmg
on 17/01/2015, 18:53:02 UTC
Source? As I understand it, he is still deciding between a PoS/PoW combo and full PoS.

 https://www.youtube.com/watch?v=qPsCGvXyrP4
More specifically, Ethereum will be a hashimoto dagger IO bound PoW consensus mechanism.
The latest under review is here under PoC7:

https://github.com/ethereum/cpp-ethereum/wiki
http://gavwood.com/Paper.pdf

He may use both however:
https://blog.ethereum.org/2015/01/10/light-clients-proof-stake/

Whether he uses straight PoW or PoW/TaPoS the point to consider is that he has thoroughly studied the vulnerabilities within PoS variations and deems them to have insufficient security alone without PoW.


Quote from: inBitweTrust
Quote
From what I know Vitalik wants to go PoS, but Gavin Wood et al refuse to do anything other than PoW.
Interesting and plausible. Gavin is a wise man if so.

So earlier, that Buterin had thoroughly studied the vulnerabilities and found PoS wanting made it clear to you that PoS had insufficient security.

Now, when you find out that Buterin has decided that PoS is the best option (but is dissuaded by others from using it), Buterin is clearly wrong despite his thorough study.

So there are probably no arguments or studies or science that could persuade you that PoS is secure, right?